Date: Fri, 24 Jul 1998 00:04:56 -0400
From: heyhoot-AT-mindspring.com (Christopher Hudert)
Subject: Re: PUPT: Working on commission


We've tried it a couple of ways.  If you are familiar with the company and
the project does not extend your money too badly, the 50/50 plan is okay.
This also works for small projects.  Another option is the % down, and
partial payments along the way with a final balloon payment on delivery.
If you can make the payment plan reasonable you are less likely to get
burnt. And If they start missing payments the red alert light should come
on. Really what you want to to is come to an agreement as to the terms and
be sure that they are "on the clock" for all work done. The worst money
eaters are the projects that have to be reviewed by a commitee because
someone always wants to dink with the design or color or texture or....
Well, you get the idea.  If you give them a set price make sure that it is
for a fully approved design that you can deliver within the budget.
Alterations and rebuilds that are no fault of yours should be additional.
As for your first question, the paperwork can be fairly simple laying out
the terms of agreement including what you are delivering, when, to whom,
and for how much, paid on what terms.  Include any protections you feel you
may need but try to avoid heaping on so much stuff that it scares the
client.  Hope this helps.
- Hoot

Christopher




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