lulalouise
Hello --
I make a living writing business plans. However, in saying that, I didn't include the adjective "frustrated" in front of living. I have assisted one client in acquiring $10M for real estate development concern, and was shocked at my own abilities. I'm now trying to think harder about doing this. This is my quandary: I work for small start-ups who are mostly looking for SBA funding, and who want to look legitimate so that they can approach investors. They are not very sophisticated about BP writing, and, because I advertise on the Internet, they are distrustful.
As a result, I do not ask for a downpayment. Instead I ask for payments in installments at each phase of the drafting; at the first draft stage, at the rewrite stage, and after the financials are finished. The problem is that by the time I've already exhausted one weeks worth of work, they've always got an excuse for the delays in payment. Each client has ended up paying, but it's always a tug of war. Until I can advertise to bigger companies, this is my client base. How would you handle this, and for any business plan writers out there, what do you do? Tech writers most likely don't have this problem because you're dealing with more sophisticated business people.
Ideas? Thanks. If you don't get a response, it's because I'm trying to finish a plan so I can get paid!!!!!
Happy Holidays to all!
Lulalouise8o
I make a living writing business plans. However, in saying that, I didn't include the adjective "frustrated" in front of living. I have assisted one client in acquiring $10M for real estate development concern, and was shocked at my own abilities. I'm now trying to think harder about doing this. This is my quandary: I work for small start-ups who are mostly looking for SBA funding, and who want to look legitimate so that they can approach investors. They are not very sophisticated about BP writing, and, because I advertise on the Internet, they are distrustful.
As a result, I do not ask for a downpayment. Instead I ask for payments in installments at each phase of the drafting; at the first draft stage, at the rewrite stage, and after the financials are finished. The problem is that by the time I've already exhausted one weeks worth of work, they've always got an excuse for the delays in payment. Each client has ended up paying, but it's always a tug of war. Until I can advertise to bigger companies, this is my client base. How would you handle this, and for any business plan writers out there, what do you do? Tech writers most likely don't have this problem because you're dealing with more sophisticated business people.
Ideas? Thanks. If you don't get a response, it's because I'm trying to finish a plan so I can get paid!!!!!
Happy Holidays to all!
Lulalouise8o