+ Reply to Thread
Page 2 of 2 FirstFirst 1 2
Posts 11 to 16 of 16
  1. #11

    Faqqed Off

    TheFaQQer's Avatar
    Join Date
    Oct 2006
    Posts
    35,838
    Thanks (Given)
    369
    Thanks (Received)
    1233
    Likes (Given)
    3564
    Likes (Received)
    3086

    Default

    Quote Originally Posted by TestMangler View Post
    If it was me, I'd be asking for the payment up front for the first two days and weekly invoicing with 7 day terms for the 'few hours a month'.
    Even seven days may be pushing it - payment on receipt wouldn't be unreasonable here.
    Best Forum Advisor, 2014
    Work in the public sector? You can read my FAQ here
    Click here to get 15% off your first year's IPSE membership

  2. #12

    Fingers like lightning

    billybiro's Avatar
    Join Date
    Jun 2010
    Posts
    563
    Thanks (Given)
    6
    Thanks (Received)
    28
    Likes (Given)
    106
    Likes (Received)
    148

    Default

    Quote Originally Posted by northernladuk View Post
    You feel like you'd be letting her down if you backed out now? Wait until she doesn't pay you. Maybe she screws suppliers over because they feel bad about letting her down rather than using common and business sense...
    By golly, NLUK, you're a man of many faces.

    Careful now, soon you'll be telling the OP to take the gig and get ready to bail on her client as soon as even the whiff of a rate increase blows by! In the name of common business sense and fiduciary duty, of course!


  3. #13

    Contractor Among Contractors


    Join Date
    Apr 2007
    Posts
    1,149
    Thanks (Given)
    0
    Thanks (Received)
    4
    Likes (Given)
    7
    Likes (Received)
    8

    Default

    Quote Originally Posted by SaraDigital View Post
    Thanks.

    Not an IPSE member, but have been looking at Standard membership. Had a quick look again, and can see IPSE+ would be better if I ran into problems with this client.

    The project would start with me doing 2 full days of work, before settling into a few hours a month. As you suggest, weekly invoicing sounds more reasonable for those few hours, but bit concerned I'd do the 2 days work and not see the money.
    Check the small print on IPSE insurance, I had a client go bust owing me many thousands and I was not covered; can't remember specifics off the top of my head. Same situation, it was a company that had risen from the ashes a few times following insolvencies, so I was half expecting it.

  4. #14

    Faqqed Off

    TheFaQQer's Avatar
    Join Date
    Oct 2006
    Posts
    35,838
    Thanks (Given)
    369
    Thanks (Received)
    1233
    Likes (Given)
    3564
    Likes (Received)
    3086

    Default

    Quote Originally Posted by Lewis View Post
    Check the small print on IPSE insurance
    Terms and conditions can be found here.
    Best Forum Advisor, 2014
    Work in the public sector? You can read my FAQ here
    Click here to get 15% off your first year's IPSE membership

  5. #15

    More time posting than coding

    redgiant's Avatar
    Join Date
    Dec 2010
    Location
    Pond Hopping
    Posts
    478
    Thanks (Given)
    6
    Thanks (Received)
    10
    Likes (Given)
    14
    Likes (Received)
    21

    Default

    Another way that I was investigating with a poorly paying client earlier this year was to be a card merchant and to charge the clientco's corporate credit card following an approved timesheet & expenses. That way you would be paid that day or the following day depending on when the transaction is made. This is common in certain industries (namely in the creative sector) at least here in the US to pay suppliers and contractors this way. Be aware that card companies will charge a merchant fee (2-3%) for each transaction which I would have included in the daily rate.
    Last edited by redgiant; 8th September 2017 at 22:54.

  6. #16

    Fingers like lightning

    Andy Hallett's Avatar
    Join Date
    Dec 2012
    Location
    London
    Posts
    771
    Thanks (Given)
    12
    Thanks (Received)
    86
    Likes (Given)
    63
    Likes (Received)
    302

    Default

    Quote Originally Posted by ladymuck View Post
    The amount of credit you should extend is the amount you're willing to lose.
    Could probably close the thread after this point.

    Shorter payment terms, upfront payment (% or full) or Escrow are your options.

+ Reply to Thread
Page 2 of 2 FirstFirst 1 2

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.