Wedding payment plan for new clients

2 years 3 months ago #614910 by Mike Ayrouth
Can I ask what you are doing for retainer requested and from there 2nd and 3rd payment schedule?  Speaking of retainer amount, would you say getting half the package price is fair?  Then from there 1/4 of remaining due half way to the date of the wedding with remaining balance  due the week prior?

Just rethinking things.  I appreciate your help!

Getting BETTER one photo at a time!
Photo Comments

Please Log in or Create an account to join the conversation.

,
2 years 3 months ago #614953 by garyrhook
"Fair" has nothing to do with it. Decide how you want to run your business, and lay it out.

You'll get different answers from different photographes, but 50% at booking and contract signing is not unusual, AFAIK. After that, remainder paid before the event, or you don't show up. Pretty simple strategy. Your 25%/25% plan works, too.

It's up to you.


Photo Comments

Please Log in or Create an account to join the conversation.

,
2 years 3 months ago #614962 by effron
Yeah, I used to get half before a wedding, the balance upon delivery of prints. Other events varied with the client and job. Just be sure the "I's" are dotted and "Ts" are crossed in the contract....

Why so serious?
Photo Comments

Please Log in or Create an account to join the conversation.

,
2 years 3 months ago #615131 by garyrhook

effron wrote: Yeah, I used to get half before a wedding, the balance upon delivery of prints. Other events varied with the client and job. Just be sure the "I's" are dotted and "Ts" are crossed in the contract....


For a moment there I read, "I used to get half-baked for a wedding...".

:whistle:


Photo Comments

Please Log in or Create an account to join the conversation.

,
2 years 3 months ago #615300 by Jim Capozzi

garyrhook wrote:

effron wrote: Yeah, I used to get half before a wedding, the balance upon delivery of prints. Other events varied with the client and job. Just be sure the "I's" are dotted and "Ts" are crossed in the contract....


For a moment there I read, "I used to get half-baked for a wedding...".

:whistle:



LMAO!!!  What were doing yesterday?


Please Log in or Create an account to join the conversation.

,
2 years 3 months ago #615302 by Jim Capozzi
OP - there is no set rules to this.  As already pointed out, it's your business, set up the payment schedule that fits your business and risk level.  IMO, just make sure you are completely paid prior to the job starting.


Please Log in or Create an account to join the conversation.

,

802.3K

205K

  • Facebook

    802,251 / Likes

  • Twitter

    205,000 / Followers

  • Google+

    1,620,816 / Followers

Latest Reviews

In this Sony ZV-1 review, learn all about its specs, features, build and handling, video performance, price, and more.

Feb 24, 2021

The Ricoh GR III is a little-known compact camera that might be just the ticket for you if you want a small, portable, and easy-to-use camera.

Feb 19, 2021

The Sony a7S III is a video-first full frame camera with a hefty price tag. Is it worth the price of admission? Get all the details in this Sony a7S III review.

Feb 18, 2021

In this Nikon Z7 II review learn how this new camera is similar to the original Z7 and how it makes improvements upon the original.

Feb 16, 2021

Forum Top Posters

Latest Articles

In this Sony ZV-1 review, learn all about its specs, features, build and handling, video performance, price, and more.

Feb 24, 2021

If you want to try your hand at abstract photography, use these abstract photography ideas for a source of inspiration and creativity.

Feb 24, 2021

Which monitor panel types should you invest in? In this monitor buying guide, learn a few tips for getting the best monitor for photo editing.

Feb 23, 2021

Marketing for photography businesses can take up a ton of time, so you want to do it right and do so without taking up your entire day. Use these beginner marketing tips to help point you in the right direction.

Feb 23, 2021

If a photography tripod is too cumbersome for you, you can learn how to stabilize a camera with any number of tripod substitutes.

Feb 22, 2021

Use this real estate photography gear list to learn about some of the most critical pieces of kit you need to take the highest-quality real estate photos.

Feb 22, 2021

If you aren't sure how to get feedback from clients, check out these simple solutions for your photography business.

Feb 19, 2021

The Ricoh GR III is a little-known compact camera that might be just the ticket for you if you want a small, portable, and easy-to-use camera.

Feb 19, 2021