Quote:
Originally Posted by holograph
protecting your business interests > trust another party with your money or resources.
both sides before trusting one another with funds or pulling efforts in must lookout for their own interests and financial security.
that's why I personally find 50/50 to be fair and keeps existing relationships in check and good condition for both sides.
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I couldn't agree more.
In fact, when there is a disagreement and something was made that the client isn't satisfied with, it either gets redone or a refund is issued. The 50/50 is all about commitment.
Actually, in REAL businesses, you know, real AFK business, it's quite the norm for the buyer to have to provide escrow or a bank guarantee, when entering into bigger contracts.
It's just like as if in the online business, no one seems to appreciate the time spent, the resources put into creating something perfect for the client. Only a risktaker would go all out on a 0% down deal - UNLESS it is for a known client with whom there is an ongoing relationship <- that is what it all comes down to.