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 Post subject: When schools return
PostPosted: Sun Aug 30, 2020 10:50 am 
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Joined: Mon Mar 21, 2005 8:44 pm
Posts: 10575
Location: Scotland
How many taxi and PH companies, who do the school contracts, will be able to survive for almost 2 months before the 1st payment arrives, with work levels already diminished will they afford the fuel to do them?? for that length of time


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 Post subject: Re: When schools return
PostPosted: Sun Aug 30, 2020 5:27 pm 
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Joined: Fri Feb 04, 2005 8:23 pm
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Location: Lincoln
skippy41 wrote:
How many taxi and PH companies, who do the school contracts, will be able to survive for almost 2 months before the 1st payment arrives, with work levels already diminished will they afford the fuel to do them?? for that length of time



Don’t know. But don’t take on school contracts if you can’t wait for payment. Or is that a bit harsh? Whatever.

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 Post subject: Re: When schools return
PostPosted: Sun Aug 30, 2020 6:56 pm 
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Joined: Wed Sep 03, 2003 7:30 pm
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Location: 1066 Country
skippy41 wrote:
How many taxi and PH companies, who do the school contracts, will be able to survive for almost 2 months before the 1st payment arrives, with work levels already diminished will they afford the fuel to do them?? for that length of time

I would imagine the bigger ones will as the money is guaranteed, and the banks or the money factors will back them.

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 Post subject: Re: When schools return
PostPosted: Sun Aug 30, 2020 7:20 pm 
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Joined: Tue Apr 03, 2007 11:27 pm
Posts: 18381
If you are taking on school runs and have a problem waiting for the payment whilst you bounce back from not much work, try using a bounce back loan.

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 Post subject: Re: When schools return
PostPosted: Mon Aug 31, 2020 12:08 am 
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Joined: Thu May 03, 2007 8:15 pm
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I've never had to wait anymore than two weeks from submitting my invoice to having the money in the bank, not sure how long other councils take to settle their bills.


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 Post subject: Re: When schools return
PostPosted: Mon Aug 31, 2020 1:59 pm 
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Joined: Tue Apr 29, 2008 4:06 pm
Posts: 22556
Location: A City near Birmingham
bloodnock wrote:
I've never had to wait anymore than two weeks from submitting my invoice to having the money in the bank, not sure how long other councils take to settle their bills.


we were 14 days from invoiced for 10 years then some smart **** decided to make it 30 days which means at christmas, with office staff off, we dont Novembers payments till 1st week in january

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 Post subject: Re: When schools return
PostPosted: Mon Aug 31, 2020 2:12 pm 
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Joined: Tue Apr 03, 2007 11:27 pm
Posts: 18381
Ours is 30 days but you can get it in 14 days for a 1% discount.

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