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AnswerRe: To all the freelancers out there Pin
W Balboos, GHB28-Mar-18 6:37
mveW Balboos, GHB28-Mar-18 6:37 
AnswerRe: To all the freelancers out there Pin
dandy7228-Mar-18 8:59
Memberdandy7228-Mar-18 8:59 
AnswerRe: To all the freelancers out there Pin
Andy Belton28-Mar-18 21:23
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AnswerRe: To all the freelancers out there Pin
DerekT-P28-Mar-18 21:50
professionalDerekT-P28-Mar-18 21:50 
AnswerRe: To all the freelancers out there Pin
Nikunj_Bhatt28-Mar-18 22:02
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AnswerRe: To all the freelancers out there Pin
MDosanjh@Cloud929-Mar-18 2:32
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AnswerRe: To all the freelancers out there Pin
stevetabler29-Mar-18 9:54
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AnswerRe: To all the freelancers out there Pin
Kirk 1038982129-Mar-18 16:21
MemberKirk 1038982129-Mar-18 16:21 
Assuming you can take PayPal or some form of compatible payment.
Often times this is the biggest concern.

They found you, right, so this means they are willing to work with you.

To me this is about risk management and your level of trust. Assume that you will not get paid your final piece, and modify your percentages so any loss is tolerable and a survivable learning experience.

Bad Debt was an interesting concept. As an engineer, I thought Bad debt should be ZERO (I sell my time, which does not have a great margin in reality). But if you sell a product with a 40% margin. And you have ZERO bad debt (as opposed to 1% bad debt), then you are refusing 99 Customers at 40% profit (~400%) to save the risk of a 100% loss (and usually lower, because you credit less when first starting). It's bad business to have ZERO bad debt, because you have far too few customers who could be making you a lot of money.

I consider the few people who did not want to pay the rest of my bill a Marketing expense. Since I don't really do any marketing, the occasional $500 or $1,000 write off is what it is.

I usually know pretty quickly who is going to be a problem. I have walked away from a few potential clients because the vibe was wrong...

GeneralPaste as plain text in CKEditor Pin
Member 1375113328-Mar-18 1:03
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The pompey28-Mar-18 1:05
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ZurdoDev28-Mar-18 2:59
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RickZeeland28-Mar-18 6:17
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GeneralCCC 28/03 Pin
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GeneralRe: CCC 28/03 Pin
The pompey27-Mar-18 22:43
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GeneralRe: CCC 28/03 Pin
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