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I used to do this as a freelancer.. Some clients would insist on 45 or 60-day terms for my invoices, and as a self-employed individual (who at the time couldn'

by sbarre 8y ago

I used to do this as a freelancer.. Some clients would insist on 45 or 60-day terms for my invoices, and as a self-employed individual (who at the time couldn't afford to be picky about my contracts), this really sucked. Then someone suggested to me I put a clause offering a 2% discount if they paid within 15 days. I definitely remember some of my clients taking me up on that and paying quickly, and it was a big help..

chrisbennet 8y ago
I remember the first time I discovered what “30day net” meant. “What? You’re going to borrow my money for 30days???” I’m a consultant and I charge $N for 30 net and 25% off if payed in 10. (25% is not a typo.) Very few of my clients do the math and decide they want to borrow my money for the full month.