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This is 100% untrue. I’ve been a freelancer for 11 years and I’ve coached literally hundreds of others. I never, ever work with a new client without getting at
by ryanwaggoner 8y ago
This is 100% untrue. I’ve been a freelancer for 11 years and I’ve coached literally hundreds of others. I never, ever work with a new client without getting at least 25% upfront. Never. It’s 50% if the contract is smaller than $20k. And I also never really get any pushback. By the time we’re talking payment terms, they’re sold.
If you’re doing work for clients upfront without a deposit, you are taking a huge risk. Which is probably why out of more than $2 million billed, I’ve only had a single client not pay me, and that was a startup that went under completely.
- prawn 8y agoThis could be something built into the hypothetical framework I mentioned. As in, the default quoting template for your industry has x% upfront payment terms, and you deselect that option after a strong warning. All my quotes asked for 20% up front but then I almost never bothered invoicing it until I was finished, so I would need something that auto-invoiced the 20% when the client clicked "Accept Quote"... ;`( Then the time-tracking component would strongly warn against commencing work until the invoice was paid, etc. So, basically, a very opinionated business framework web app.