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449: Is It Really a Collections Issue? with Yotam Kedem & Lior Schnabel of Precise International

Business of Architecture Podcast

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Collections

"Collection is not really being the main problem, even though many architects say that it is," he says. "You can't be in a position when you send three and invoices to the same client and they're not there." Different countries have different culture, different payment system, getting money from China or from Saudi Arabia isn't the same thing as London or New York. Sometimes you know you have a great project with issue of payments. You're going to get paid only after 90 or 100 days.

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