Michael E. Carluen 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.
It can vary a little per client, but unless it's somebody I know and love and do continual work with, I always get 30% upon approval of the site map and features and I make sure those features are chiseled in stone. Due date for the next payment isn't something I've "hard coded" into the contracts. The client and I usually negotiate a point that we're both comfortable with. It really varies with the project. If it's a really large project that's going to take a very long time to complete, I may even do a few smaller payments along and along in the contract just to keep my cash flow going. I'm not going to build a five figure app (not that I get that many of these!) for somebody and wait until the end to see any income from it! To me, it's really about finding a comfort level with a particular client. I know they want to see their project completed before they fork over too much $$, but I gotta eat while I'm working or I start to get cranky and my code starts to look a little weird... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:4:227932 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
