freelancers – how long to get paid???...
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- fyoucher10
Net30 is very standard. Net60 is the norm for me. A lot of times it goes net120, and even 180+ (but those are my larger, long time clients. I know theyll eventually pay, and they come to me with a lot of work).
Word of advice: Always have some loot saved up too, so you're not strapped for cash. Try not to bitch at your clients for being a little late. They are your bloodline when you're self-employed, and theres a lot of other folks who ARE willing to wait. If they're late just be persistent, semi-annoying, but professional.
At the same time, pick your clients carefully. If they're not paying at all, then you probably didn't do your homework to begin with.
- "i ball with net365, shit!"bklyndroobeki
- A good client should pay within a week. WTF is 180? Even if you have a good bank flow, 180 days is a long time to wait to get compensated for work.********
- Imagine if you had 180 days to do work?********
- matski0
As a professional, act professional.
In your contract, set timescales for payment. Mine is 30 days on receipt of invoice, with a 5% monthly service charge on overdue payments (this is deliberately high to entice payment).
If I've not received payment within 30 days, I will 'promptly' (on day 30) send a gentle reminder email, with a little reminder of the 5% service charge. This will inform the client that I am punctual, and they will know for anytime after to pay on time, as I've already set the president for being punctual. This is very important!
If people let payments slide for a few days (after their payment terms, mine being 30 days) before contacting their client about late payment, this sets a bad president, and says (consciously or subconsciously) to the client that you don't mind late payment, so they are less likely to pay on time.
So to reiterate, if you are a professional, act professional.
- chrisRG0
You work, you get paid.
I believe most of you have seen this, who doesn't: