How Much of a Deposit Should You Ask For? Cash Flow: Deposits & Progress Payments

By |2020-12-01T19:47:33-05:00December 1st, 2020|Categories: Bobby Parks, Industry Brief, Industry News, NADRA News|Tags: , , , , , |

How much of a deposit should you get when writing up a contract? Is 10%, enough? Is 50% too much? Having a payment process that’s fair and minimizes risk for both the customer and contractor simplifies things.