Hacker News new | ask | show | jobs
by centdev 4956 days ago
Our policy is 50% upfront before any concept meetings even begin and 50% upon completion before we deliver and launch their site. We never do Net terms anymore in the 15 years building web and mobile apps. We sometimes get the "accounting only pays net 15 or 30". Our answer to that is to invoice the balance and schedule delivery when the check arrives. If you are upfront with your terms, they will typically follow your standard. In our experience we had 1-2 clients in the beginning that did net 30 which turned into 60. We were small and cash flow was tight so it meant we needed to float expenses. No more.