Iwant to start a painting business. When working for contractors, what percentage should I ask for upfront?

2 Responses to “Iwant to start a painting business. When working for contractors, what percentage should I ask for upfront?”

  • www.american-guitarist.com:

    Hi,

    I am a musician, but I believe that in general, if you provide a service, it is standard to ask for anywhere between 10% – 25% Up-front as a deposit. Usually, the bigger the commitment on your part, the bigger the deposit.

    Good Luck!

  • Dr. Deth:

    I work for a mechanical contractor ($70mill/yr) who hires subs in the trades and we never pay anything up front – typically 30 day payments once you present an invoice and even then, we usually don’t pay subs until the customer pays us.

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