Painting Business - Do I use contracts in my painting business?

The answer is NO. I never had to. First, the people you will be dealing with will be quality people - not rip offs. These people already hire service people to mow their lawn, build an addition onto their home, do some electrical work, clean their house, etc.

Secondly, I always ask for a third down just before starting their job. If they hand you a check for $300, $500, etc., they definitely qualify as a customer that can be trusted.

On a large job that takes, say 3 weeks to complete, I will get a third down and half way through the job I will ask for another third and I will get the last part when I am done with the job.

I ask for a third down in the beginning for paints and supplies even though I usually put them on credit at my local paint store that I use. This gives me instant cash flow.

When would I use contracts? If I was running a larger [tag]painting contractor business[/tag] where I had painters on my payroll. Then I definitely would use contracts because it's not just my income at steak here. Did I say steak? It is Friday, Yummy!

Some smaller painting business owners may use contracts but I don't. I mean, what are you going to do if they ask you to paint a bathroom for them? Whip out a contract on them for a small bathroom?

I don't even ask for a down payment on a small job. I will have it done in one - two days anyways. But if a job is over $500 and will take more than 2- 3 days to complete, I will ask for a third down .

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