RE: Contractors: Run Credit Checks for Questionable Customers?
IOWs, up-front, partial payments are SOP in many, if not most, contractual
situations these days.
Yes, and it also depends on the work arrangement. If I'm working on an hourly basis and the client wants an invoice every two weeks, an up-front payment is generally unnecessary.
If I've bid a flat rate, I'll request a percentage (from 5-20%, depending) as a retainer. I bill the remainder in chunks: first/second/third review deliverable, final review, delivery of source and finished product, whatever.
Finally, initial payment may depend on my past experience with a client. A client who has a well-practiced work process and payment schedule is not a concern. I tend to require initial payment from any client who slips their own schedules, takes their sweet time to look at reviews, etc. Cash flow is always a problem in this business. Why should work I've completed in good faith be held hostage to a client's inability to stick to a development schedule? (Or inability to produce a schedule???)
Margaret Smith
Abet Information Design
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
*** Deva(tm) Tools for Dreamweaver and Deva(tm) Search ***
Build Contents, Indexes, and Search for Web Sites and Help Systems
Available now at http://www.devahelp.com or info -at- devahelp -dot- com
A landmark hotel, one of America's most beautiful cities, and three and a half days of immersion in the state of the art:
IPCC 01, Oct. 24-27 in Santa Fe. http://ieeepcs.org/2001/
---
You are currently subscribed to techwr-l as: archive -at- raycomm -dot- com
To unsubscribe send a blank email to leave-techwr-l-obscured -at- lists -dot- raycomm -dot- com
Send administrative questions to ejray -at- raycomm -dot- com -dot- Visit http://www.raycomm.com/techwhirl/ for more resources and info.
Previous by Author:
? X-refs in FrameMaker 6
Next by Author:
RE: Senior Technical Writer
Previous by Thread:
RE: Contractors: Run Credit Checks for Questionable Customers?
Next by Thread:
RE: Contractors: Run Credit Checks for Questionable Customers?
Search our Technical Writing Archives & Magazine
Visit TechWhirl's Other Sites
Sponsored Ads