Payment Terms For Freelancers

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Пікірлер: 50
@edsensation
@edsensation 5 жыл бұрын
I do it differently. 90% of the time I get 100% payment up front. I explain the contract protects them and no additional fees applies. The moment they say they want to split payments, I add fees such as transaction fees and taxes. Think of that like interest for splitting payments. 50% to start means that you get partial money to begin work. If the client agrees to this which they do, then 50% mid point to completion. Meaning once I’ve done 50% and you sign off saying you wish to proceed, then I’m not lowering crap, I’ve already proven myself to you that I’m capable of satisfying 50% of the goal. I have solid leverage to request the final 50%. Instead by dissecting the final 50% into 25% payments, it now creates more administrative labor for you collecting fees. I see no reason for that. Collect the 50% mid project. Then towards the end offer an up sell. Collect a bonus 25%. That’s how I’ve done it for 7 years friends.
@Trazynn
@Trazynn 4 жыл бұрын
Yeah makes way more sense to me. I also don't think his copyright clause isn't very good leverage. A developer doesn't care whether his work actually gets used or not, as long as the full amount gets paid. If the client for whatever reason changes their mind while the site has been finished they can just skip on the 25%, see the other 75% they paid you as a sunk cost and get another site somewhere else. Copyright would be irrelevant by that point.
@ahsath
@ahsath 5 жыл бұрын
Would be nice to see an example contract
@chizzycity5585
@chizzycity5585 5 жыл бұрын
Check out Bonsai. I that's what I use before for contracts. Or you can find a design template and customized to your brand and for your clients.
@officialWWM
@officialWWM 4 жыл бұрын
I'm a freelance writer. I agree on a fee for the project. I get 50 percent up front and the balance at the end. Nothing I write gets published until I get full payment.
@blinkxo6131
@blinkxo6131 3 жыл бұрын
do they suggest you to pay fees? they will return it when the project is done but if it is not finished on time they keep the fees. is that a scam ? its my first project
@officialWWM
@officialWWM 3 жыл бұрын
@@blinkxo6131 that sounds very much like a scam. You shouldn't be paying anyone anything!
@blinkxo6131
@blinkxo6131 3 жыл бұрын
@@officialWWM i just declined his offer and he got mad really quick. he told me he does not want to hire me. lol and i was the first to decline
@officialWWM
@officialWWM 3 жыл бұрын
Blink xo sounds like you dodged a bullet there!
@shawnastephens7021
@shawnastephens7021 5 жыл бұрын
Great content...Thanks for sharing!! Would be nice to see a sample contract or how you go about structuring one.
@FROMMYBEDR00M
@FROMMYBEDR00M Жыл бұрын
LOVE YOUR VIDEOS! -you've taught me so so much & I love your accent lol! THANK YOU!
@chizzycity5585
@chizzycity5585 5 жыл бұрын
I usually get my clients to pay the downpayment of 50% and the rest after the project is finished before I deliver the final design package to them. The strategy of yours is interesting.
@reynielcaldera1385
@reynielcaldera1385 5 жыл бұрын
This is really helpful!! Thanks!
@FundurTrading
@FundurTrading 5 жыл бұрын
Good word of advice there Ran!
@blinkxo6131
@blinkxo6131 3 жыл бұрын
im still a beginner, and i chose content writing. the 2 first projects told me that i have to pay a fee to work on their projects. i thought it was a scam at first. Is it normal to pay a fee in a project, knowing that they told me they will return it when project is over.
@loopdropmedia
@loopdropmedia 5 жыл бұрын
Great video as ever, Ran! Super helpful! Any advice on putting together an actual contract of work itself? Currently I quote, then take a 50% deposit upfront and final 50% on completion - but everything is just done as email conversation etc. I'd like to get an actual contract document in place, but not really sure what to include etc?!
@EdLrandom
@EdLrandom 5 жыл бұрын
If you have a flip out screen you need to try manual focus.
@peter.dimitrov
@peter.dimitrov 5 жыл бұрын
Thanks for sharing Ran!
@SameerKongath
@SameerKongath 3 жыл бұрын
this video help my feature plans, thanks
@FluxAcademy
@FluxAcademy 3 жыл бұрын
happy to hear it was helpful! best of luck!
@sahilganjare6625
@sahilganjare6625 4 жыл бұрын
@flux How about using escrow services.
@amannvig
@amannvig 5 жыл бұрын
Thanks Ran
@jeremyhopkins2692
@jeremyhopkins2692 Жыл бұрын
Thank you 🙏
@chriswilcox8977
@chriswilcox8977 4 жыл бұрын
Hi Ran, great video as always! After the first 25% invoice on presenting the draft design, will you do any further work before they pay this, or do you hold off more work until it is paid? I currently work on 50/50 payment - I won't start until the first 50% payment is with me but sometimes I present the draft then the project stalls because the client gets too busy on other things. I've got around 15 websites like this and have been sitting with no progress for a long time. I've even had some clients pay 100% up front then disappear...don't mind that quite so much 😎
@adommintah
@adommintah 6 ай бұрын
Is it necessary to pay for link fee before receiving payment and how may you see that it may be scam
@aimeefirth5415
@aimeefirth5415 4 жыл бұрын
I have an issue with one client. They send remittance advice slips to show they’ve paid. However they send the slip on the date the payment is due into my account. What terms can I state that clearly mean, the due date is the date it is paid into the account. Because I’m now a week overdue for this invoice and I feel I have no leg to stand on.
@memehamada2348
@memehamada2348 4 ай бұрын
Do they ask for monthly paid fees to work in Freelancer websites?
@bami_balzak
@bami_balzak 5 жыл бұрын
How does your file organisation look like?
@EdLrandom
@EdLrandom 5 жыл бұрын
Love this video, I'm actually in this situation right now. I have a question: I work as a freelance designer mostly with clients from abroad, how do I get my new clients to trust me if they don't see me personally? I want to start taking 40% or 50% as downpayment too.
@gusnwanya
@gusnwanya 5 жыл бұрын
Have you tried to do a video call with your client? That is a great way especially with overseas clients. Its a great way to build trust in general.
@EdLrandom
@EdLrandom 5 жыл бұрын
@@gusnwanya I do that, but should I set the price before the call or while we talking?
@gusnwanya
@gusnwanya 5 жыл бұрын
@@EdLrandom I would advise you go into you call with your client knowing what your price should be. But open minded about possible flex in your budget. Be prepared for the client to come back with "its too expensive", then I would pose the question to them "Do you have a budget?" . Snd if they do, and you deem it acceptable then hooray! If not you can negotiate some more if you need to but dont compromise yourself and get backed into a corner. You may need to have one or two more conversations before all parties are happy.
@asmarahmani5477
@asmarahmani5477 Жыл бұрын
Is that legal that the client demand a fee for ID card or not ?
@kasforai
@kasforai 5 жыл бұрын
How to convey my website design process to clients that want to randomly message me and ask questions all day?
@Aqsa792
@Aqsa792 5 жыл бұрын
Hi @Ran, do you think any or most clients would pay say 30-40 percent of the payment initially for a newbie designer/developer (who only has 2-3 project experience)? How would you negotiate or convince a client to pay 40% upfront? What if they insist that they cant trust you with 40% of the cost without any design/content provided by the designer?
@gusnwanya
@gusnwanya 5 жыл бұрын
I think you should trust in your work and your abilities as a designer/developer. The client wouldn't be in communication with you if they didn't feel you was up to the task. :)
@kunzsaj
@kunzsaj 2 жыл бұрын
will it be possible for u to share the terms u mention in ur contract ..
@md1235678
@md1235678 5 жыл бұрын
How much do u charge for a design project?
@fredbrown6951
@fredbrown6951 5 жыл бұрын
Hey Ran, Hope all is well! I was wondering if you could let me know if the following is ok in your opinion.... This would be for my logo design payment plan, it would be 50% down-payment, 25% After approved sketching/initial concepts and then the final payment of 25% when the logo is delivered? Also what are the differences between contracts and proposals? Hope you can help
@gusnwanya
@gusnwanya 5 жыл бұрын
Whether the brief is purely to design a logo or logo and website, each brief will be different. But I would approach each project with the same pay pricing structure in place, otherwise you may find yourself having to create tailored pricing structure for every intricate project. This way your client would always know the setup with you and you can get going quicker.
@stylemazta
@stylemazta 3 жыл бұрын
is there even anything not valuable on this channel?
@webdesignerandrew6957
@webdesignerandrew6957 5 жыл бұрын
I think paying someone in advance will give me a lesser result because it will take away the motivation for then to make something really impressive.
@ham2956
@ham2956 5 жыл бұрын
No money, no work. Here’s zero dollars, impress me.
@webdesignerandrew6957
@webdesignerandrew6957 5 жыл бұрын
@@ham2956 I've always done everything using handshakes and only one person ever hasn't paid me. That was some lying African dude. I should have known better.
@YouPogi2000
@YouPogi2000 5 жыл бұрын
Basing the quality of your work on whether you have the money in hand or not is not a sustainable way of doing business. The standard of quality work should be a default and that the customer is actually paying is your ability to deliver the work. Also, different clients have different taste. One client could find your work amazing, but another may have a different opinion. If that ends up happening, then you will be at their mercy, trying to please them and possibly work on endless rounds of revisions. All because they feel that they have the upper-hand, since they still have the cash.
@webdesignerandrew6957
@webdesignerandrew6957 5 жыл бұрын
@@YouPogi2000 For me making someone sign a contract to "lock them in" seems a bit sleazy like a door to door salesman in the old days. I want to have long-term repeat business with each client. If we have to rely on the fine print in some contract then I can't see how the relationship with the client could stay healthy. I posted a video on my channel.
@YouPogi2000
@YouPogi2000 5 жыл бұрын
@@webdesignerandrew6957 I still don't see how being paid before rather than after will affect the motivation to produce good work. Having a contract in place protects both sides. It would be very difficult to get bigger clients if there is nothing written down that they can refer to officially.
@blinkxo6131
@blinkxo6131 3 жыл бұрын
im still a beginner, and i chose content writing. the 2 first projects told me that i have to pay a fee to work on their projects. i thought it was a scam at first. Is it normal to pay a fee in a project, knowing that they told me they will return it when project is over.
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