3 ms·
This is why I don't like B2B much; a monolith company can randomly decide to pay 5-10 months late and no one bats an eye because that's the normal thing to do f
by Mahn 11y ago
This is why I don't like B2B much; a monolith company can randomly decide to pay 5-10 months late and no one bats an eye because that's the normal thing to do for a company of that size, small entrepreneurs that are barely making it be damned.
- godzillabrennus 11y agoSmall startups can leverage a factoring company to handle A/R and do risk assessment for lines of credit with customers before doing work. Definitely a worthwhile service to leverage if you do B2B.
- SFjulie1 11y agoOh yes. The short list/affacturation scam. Software can only support safely at most 10 providers ... for RA.. facturing ... limitations. Thus I had between 1 and 4 mans in the middle for the purpose of "factoring, risks assessments" and shits. I usually was paid 300€ to 400€ / days when customers were billed between 1000€ and more. Each companies adding delays and free to use and recycle my specs, my codes, my works to compete against me next time. Added value : negative. Have you ever been 38 yo, back at your mum's place, honoring a contract and eating ramen while waiting 18 months for the magic of "affacturation" to work and discovering that the men in the middle are now making money from YOUR creation ? Fuck rotten so called capitalism. Only the kids born rich gets the money and they scam people like me to have the job done. This business is very close to both scam and extortion.
- robocat 11y agoB2B is fine so long as you retain some leveragee. A common form of leverage is a contractual "switch" with SaaS. If your service if valuable, they pay on time, otherwise you turn off their service (after suitable warning procedures).