I am considering going to a strict hourly basis. Right now most of what I do is project based fee. I usually do like what was mentioned previously,
1. Meet with client and discuss all requirements. 2. establish contract and get signatures. 3. request 25% of contract cost prior to any development work. 4. upon completing and prior to formal testing, request 50% of contract cost. 5. upon acceptance and prior to delivery, the remaining 25% should be paid. Now there was one client I did 33% at start and the remaining at acceptance and prior to delivery. So far it has worked for me. -----Original Message----- From: Aaron Rouse [mailto:[EMAIL PROTECTED] Sent: Thursday, December 29, 2005 1:38 PM To: CF-Talk Subject: Re: A Contractor or Two I used to do this, did it in 1/4s or 1/3s depending on the jobs. However at some point in the past couple of years I have switched to strictly hourly rates. I think once I started getting so busy, one of my clients is essentially a full time job at around 40 hours per week, is when I switched to strictly hourly rates. On 12/29/05, Michael E. Carluen <[EMAIL PROTECTED]> wrote: > > Les, interesting point on progress payments. I'm curious as to how > and how many enforce billing based on progress.... ie 1/3 work done, > 33.3% of job billed/paid. > > Thanks, > Michael > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Logware (www.logware.us): a new and convenient web-based time tracking application. Start tracking and documenting hours spent on a project or with a client with Logware today. Try it for free with a 15 day trial account. http://www.houseoffusion.com/banners/view.cfm?bannerid=67 Message: http://www.houseoffusion.com/lists.cfm/link=i:4:227926 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/4 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:4 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.4 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
