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In my humble opinion, Don't let people, or companies, take advantage of you. If you set firm boundaries early they won't be late with payment again.
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xroad23808yIf it's were you I'd give it maybe a month or two, then pause it till they coughed up the dough. That way you can focus on finding the next client if they never pay up.
But obviously a lot of it depends on the circumstances and the amount too. -
global5778ymy policy is always 50% down, 25% on beta completion 25% on final delivery for contract jobs, and I don't move to the next stage until they pay. for on going contracts there is a five day grace period from the issue date of the bill, then a 10% late fee is tacked on. if no payment received within 15 days of the bill an extra 10% is tacked on, and a notice that services will be suspended after day 30 until the account is brought current. I put all this in the contract and make sure it's explained up front.
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xroad23808y@javierojeda I might give them 2 months before stopping work. Especially if they're not your only client.
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@uniplatapus that's something like I like to do, some periods of "its ok" and then go with some extra charge... everything written in the contract
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global5778y@javierojeda yeah, I've always felt that was fair. Especially considering the crazy time restraints on some projects. "If you need it done 'NOW' I need to get paid 'NOW'". haha
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philcr30578yIf they are already in production be careful as they could say that you not working on xyz has affected their income etc. If you are in mock / Dev environment then just advise that their project will be put on the back burner until they pay. If it's your only job at the minute keep chasing and bill them for time spent chasing. Good luck I hope it works out for ya
Is It correct to stop any development job because the client stopped paying? What are pros and cons about it? I think it is good, you won't work for free but I've heard some people say "It's better someone owes you money rather to have no job". I really don't like that point of view. Any other industry stop it's activities when you stop paying them... However I'm asking this because what happens if that client is a big client? Say... Walmart. Would you keep working on it's project even when it's not paying?
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