When it comes to freelancing, you want to make sure you’re working with the right clients. You need to be able to trust that they are who they claim to be and that they will honor all of their payment obligations. That’s why it is important for every freelancer to do their due diligence when it comes to a new client. But how much due diligence is enough?
Research your client online first
Doing your homework ahead of time can save you a lot of headaches down the road. You don’t want to take on a project only to find out later that the client doesn’t have the funds or resources to pay you as promised. The first step in due diligence is researching the potential client online. Check out their website, social media profiles, and any other online presence they may have. This should give you an idea of who this person or company is and their reputation in their industry.
Ask around your network
You should also ask if anyone else has worked with them before, either directly or indirectly. If so, ask how their experience was working with them. This will give you some firsthand insight into what it’s like working with this particular client and provide valuable insight into whether or not taking them on would be worth your time.
Lay out the payment terms in advance
Finally, make sure that all payment terms are clearly outlined in advance so there is no confusion later on about when and how much money is expected from the client for your services rendered. Make sure that these terms are agreed upon upfront before any work begins so there are no misunderstandings.
And if you are ever in the position – here is how you can deal with late-paying clients.
🍩 Just the Sprinkles
Doing your due diligence regarding new clients is essential for any freelancer looking to build a successful business. Researching potential clients online, asking around about their reputation, and clearly outlining payment terms upfront can help ensure that you always know exactly who you’re working with and protect yourself against any surprises down the road. By taking these steps, you can make sure that each new freelance opportunity takes your business further in the right direction!
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