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Going IT Alone: The Handbook for Freelance and Contract Software Developers
book

Going IT Alone: The Handbook for Freelance and Contract Software Developers

by Leon Brown
December 2016
Beginner
376 pages
12h 6m
English
Packt Publishing
Content preview from Going IT Alone: The Handbook for Freelance and Contract Software Developers

Cash flow issues

Whether intentional or not, it is very easy for clients to waste your time—especially when you are charging a fixed fee and where you aren't being paid until completion of the project. If not managed properly, this type of issue can cause you many cash flow problems, as not only will such client behavior reduce your profitability on their work, it can:

  • Reduce your availability to make money from other projects—especially if the client is demanding all of your time exclusively.
  • Reduce your productivity, such as through excessive support requirements, hence reducing your ability to complete other work timely and profitably.
  • Extend the date that you can invoice for their work though additional requirements generated.
  • Extend the date ...
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Publisher Resources

ISBN: 9781783001408