Graham Crowthe Offline Upload & Sell: Off
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Hi Tony.
Are you talking about taking on private sports commissions?, if so then your usual business rules should apply, however, if you are talking about Media publication payments for commissioned work/spec then that's a whole new ball, (excuse the pun), game!.
Payments from the media groups vary from 31 days to 2 months!
Payment from most is about a month depending on when the images where used eg it it's the beginning of the month then you stand a chance of payment at the end of the same month.
If it's towards the end of the month then a 2 week addition tends to apply? so in effect it's 6 weeks before payment!!.
There are groups, (Trinity Mirror for example), who pay on a "month's grace" basis ie if you have images used 1weeks into the month then it discards the 3 weeks of that month & adds the statutory month (31 days) allowed in UK law so in effect it's nigh on 2 months before payment.
Make sure you have supplied all your BACS details in advance as the do tend to "get lost" when payments are chased up!!
Regards Graham.
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