When billing a customer, which is preferable? A 50:50 split on an invoice (50% now, 50% on completion) or Net 30 terms (i.e. pay everything after 30 days)? Asking for a friend.

@JohnsNotHere If you doubt the reputability of your partner, 50:50.

If you KNOW they can pay for it, 30 days, after which you set a fine of 10% per every day over that.

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@m4iler

That's what I was thinking, Now I just need to adjust my invoices accordingly. ;-)

As for being late, I've already got my "late fee" baked into the contract, so that's fine.

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