Implement a Minimum Down Payment Clause
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How to Collect Money with a Lien
What happens here
For all one-off projects, especially in landscaping or construction, incorporate a clause into your project proposal document requiring a minimum down payment, such as $100, at the time the proposal is signed. This initial payment acts as a 'nuisance fee.' If the customer cancels the project, you retain this fee. This practice differs from standard daily maintenance proposals, which may not require an upfront fee.
Goal: Secure an initial payment for one-off projects to cover administrative costs and as a commitment from the client.
Tools and materials
- Project Proposal Document N/A — Documenting the terms of the project and payment agreement
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