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You need to have 60 days total operating costs either in a bank account or available on a revolving line of credit BEFORE you bid commercial work. It's better if you have 180 days, but with 60, assuming your GC is honest and will pay on the 25th day of the month. That way you can pay your companies bills while becomming the GC's personal banker.
If you can't do those things, I would advise you to not entertain moving commercial until you can, or at least get a GC who can pay you every week or 14 days weather his draw has been processed or not..
As far a propogation of leads, I always found cold calling and providing company resumes got us on most bid lists. However, after waiting 8 months to collect a 30,000 debt one time, and recieving not one single extra dime for my interest, burden and aggravation, I opted out of playing bank to commercial contractors. It's a good nitche, if you can afford to play bank.
I know others will have different perspectives on this, so read on as they post and make an informed decision.
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Bill Schwab
In the year 1491, if the Naturescape Landscape Company did the site work in Pisa, Italy, they would not be calling it the "leaning" tower.
Encinitas, Ca. 92024
www.naturescapelandscape.com
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