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Question

Feedback on Proposal Process: Contract First, Then Invoice – Is This Best Practice?

  • August 23, 2024
  • 1 reply
  • 15 views

I’m looking for some advice to ensure that my proposal process is as smooth and client-friendly as possible. Here’s how I currently have it set up:

Proposal Process:

  1. Contract First: I’ve structured my Smart File so that the contract is the first page the client sees. It outlines all the terms and conditions, payment terms, project scope, etc.
  2. Invoice Second: After the client signs the contract, they immediately move on to view the invoice. The invoice includes a 50% non-refundable deposit due within 14 days of invoice being presented and the final 50% due upon completion of the video.
  3. Payment Milestones:
    • The first payment of $2,800 is due 14 days after the invoice is presented.
    • The second payment of $2,800 is due upon project completion, and this is clearly indicated on the invoice as tied to the milestone "Completion of Video."

My Goals:

  • I want to ensure that clients feel comfortable and not rushed, while also maintaining a clear and logical flow in the process.
  • I aim to avoid any confusion about payment expectations and the timing of when payments are due.

My Questions:

  1. Does this approach seem clear and client-friendly?
  2. Is it standard practice to have the contract first and then the invoice, or do you think I should consider another structure?
  3. Do you think the 14-day window for the initial deposit is appropriate, or should I adjust this timeframe?
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1 reply

  • August 23, 2024

The reason I ask is because I want to receive the deposit before scheduling kickoff meeting, but there is no smart date that allows me to set a invoice payment due date to be scheduled after contract signing, only after invoice is sent. So here is my current process:

  1. Send proposal w/ invoice/contract/payment portal
  2. Client reviews tailored service
  3. If client wants to move forward, client signs contract
  4. Once signed, client moves to next page which is Invoice and then pay page. 
  5. Once deposit is paid, client receives a welcome packet smart file that includes a scheduler at the end.