How much money you charge is up to YOU.
But, when do you get paid? Well, that’s up to YOUR CLIENT.
OR IS IT!?
If you’re anything like me, I was at the mercy of the client to get paid. Especially when it comes to web design projects.
50% upfront. 50% on completion.
The first payment was easy. BUT, getting paid for launching a website was always in the clients' hands. I could never predict when a website would be finished and launched because it totally depended on my client’s feedback and input to get to the finish line.
SO, in lots of cases, I’d be stuck. I had been paid for half of the project, but had done 90% of the work! That just wasn’t fair.
Eventually, I got fed up and decided to change things up.
Here’s what I did…
Instead of the old 50/50 model. I invented the 50/40/10 model.
Here’s how it works:
50% to start
40% when we START building the site
10% on launch
At first I was worried that clients would tell me to go jump off a bridge and hire one of my competitors instead.
But GUESS WHAT.
None of them did. Nobody had a problem with this. If it ever did come up, I’d just explain that I was invoicing them for the phase of the work that was just about to begin. And most were cool with it. Worst case scenario is I adjusted the percentages to something like 50/30/20.
So now, if a client delayed the project, I would have done 90% of the work and been paid for 90% of the project. YES!
Just because everyone else is doing 50/50 doesn’t mean it’s right.
This is your business.
Get paid how you want.
If you want a copy of my contract payment schedule that you can add to your proposals DM me on Facebook or Instagram. Mention “payment schedule” so I know which resource to send you.