Re:Freelance Isn't Free Act Passes in NYC
by tptacek on Thursday November 24, 2016 @01:08AM
(#13028538)
You got half up front for a $150k SOW?
Re:Freelance Isn't Free Act Passes in NYC
by enraged_camel on Thursday November 24, 2016 @01:25AM
(#13028599)
If the client wanted to pay cash, yeah. Most clients are very understanding, because our offering includes purchasing licenses for certain enterprise software and tooling, and the upfront payment from the client covers those costs.
That said, for projects that size we also offer a lease option (basically a 60-month term) and a lot of clients prefer that since it becomes an operational expense at that point (and therefore easier to swallow) rather than a capital expense. In those situations, we work with a leasing company who pays us 100% of the price upfront, and the client makes their monthly payments to the leasing company.
Of course, if what you're trying to say is that the only "serious consulting" is "high-dollar consulting" where you serve such clients, then I don't know what to tell you. But that's neither here nor there.
For the record, our projects range from $25k to $150k.