Are people on those kind of tight margins though, surely they have some kind of working capitial?
Last job, margin after all costs: 2.8%.
So, assuming 10k wardrobes, that'd be Eur 280. Assuming 10% (I wish....), then that's 1k.
So, a tradesman should put out 9k for a depost of 1k ? I don't think so........
Reminds me of what an MD of a Swedish company told me many years ago, where they were charging 5% interest per month, on invoices unpaid. He succinctly, and accurately, as it turns out, said: "I'm not a bank - if you want to borrow money, try the bank - otherwise, pay me my interest".