[consulting] Proper Collections Procedure
Larry Garfield
larry at garfieldtech.com
Thu Aug 17 06:25:46 UTC 2006
On Wednesday 16 August 2006 10:51, Trevor Twining wrote:
> For all my clients I charge deployment separately from development. I
> don't release any code until the development project is completely
> signed off and paid for. Then I charge a nominal fee for deployment on
> outside servers. That way I maintain control over the product until I am
> compensated, and if they stiff me on deployment, I'm not out for the
> entire project.
I'm not an independent consultant currently, but I want to second the
multi-stage billing. Everything I've read or seen on the subject says that
billing per-stage is critical, as it provides a milestone for you, for the
client, and for your wallet.
After the spec is finalized, there's a billing milestone. Work does not
continue until it's paid.
After the beta is released, there's a billing milestone. Work does not
continue until it's paid.
After the final release, there's a billing milestone. Presumably if you got
here, they're good for the money. :-)
What breakdown and milestones you use will depend on your situation, work
process, clients, etc, but the concept itself is sound. Bill in stages.
--
Larry Garfield AIM: LOLG42
larry at garfieldtech.com ICQ: 6817012
"If nature has made any one thing less susceptible than all others of
exclusive property, it is the action of the thinking power called an idea,
which an individual may exclusively possess as long as he keeps it to
himself; but the moment it is divulged, it forces itself into the possession
of every one, and the receiver cannot dispossess himself of it." -- Thomas
Jefferson
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