I’ve talked before of the problem with many businesses of not getting the cash in the door quickly enough.
We generally ask for 50% deposit on most work, with the balance on completion. I’ve been thinking of always asking for 100% upfront and providing a decent discount if the client chooses that option.
But I hadn’t done that regularly as yet.
But I will from now on
I gave a client a quote. Usual terms of 50% upfront.
“Can I pay 100% upfront and get a discount?” she asked.
Yes, she could. I’ve finally implemented that strategy with a gentle shove by my client.
Cashflow is critical for all businesses. Can you use that strategy?
You’ll never know if it works until you ask your client.
Brendon
Do you want a discount with that?
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