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Multiple Choice

A homeowner signs your electrical proposal for a $4,500 rewiring job on Monday but informs you that they cannot pay the required 10% deposit until their next payday in 10 days. Your proposal's acceptance block includes a clause stating that permit processing will be initiated immediately upon receipt of the deposit. How should you apply this policy to manage the project's schedule and your business's cash flow?

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Updated 2026-05-09

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Electrician Business Operations

Running an Electrical Contracting Business Course

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