Your Payment Schedule:
We bill 30/30/30/10 with net 15 terms. The payment schedule is tied to their project's milestones:
- Stage 1….. 30% deposit upon contract acceptance
- Stage 2….. 30% on approval of initial mockup (or model) of the final design
- Stage 3….. 30% on approval of HTML/CSS files of final website
- Stage 4….. 10% balance due when site goes live
We've found this system mitigates risk and is in the best interest of both parties.