Just as with other professional services (Law, Advertising, Accounting), I use a retainer model.
This works for me and filters out the clients who I feel value my work.
For example:
* $10000 put into an account that draws down against hours worked / daily / weekly output.
* Invoiced weekly through freshbooks
* As retainer moves below threshold in retainer it gets replenished.
This keeps all of us honest, and it keeps me in a cashflow positive situation (usually).
Also, read up on patio11's posts here on HN. He's a smart guy and offers a lot of insights into what it is like to consult for a living.
Comments
In the famous words of Ben Affleck's character in Good Will Hunting, "RETAIIIINER!"
(for levity) - http://www.youtube.com/watch?v=5hWIr9_noRo
Just as with other professional services (Law, Advertising, Accounting), I use a retainer model.
This works for me and filters out the clients who I feel value my work.
For example:
This keeps all of us honest, and it keeps me in a cashflow positive situation (usually).Also, read up on patio11's posts here on HN. He's a smart guy and offers a lot of insights into what it is like to consult for a living.