What Annoys Me … #23 Long Due Dates for Payment of Services

Currently, quite a few freelancers and entrepreneurs offering services are probably just as angry as I am. The due dates of big enterprises get longer and longer. They just extend the dates without ever consulting us –  neither do they care what the contracts say.

If I remember correctly from the days when I leaned economy at school, the German law (BGB) says that payment for a service is due when the service has been rendered. Well, it makes sense, doesn’t it, because you can hardly deliver a service and afterwards demand that you still own the product, can you? If there is an expert among you who knows better, please enlighten me …

Now, however, we live in a time when more and more absurd laws are installed. Said laws, however, are ignored more and more often. Perhaps because they are so absurd. And since in our times “the end justifies the means“ and the end mostly is defined exclusively by profit, the ancient business codes no longer play any role.

So what do I do about it?

I get annoyed. And I pay the bills of service providers in time. To be sure, it increases our risk. But it gives us faithful providers and a good feeling.

RMD

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