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Today is

By: Ikedi Ani-okoye

You want to ensure you always get a deposit check on any major IT project. Don’t start a 40, 60 or 80 hour project on a handshake. This isn’t "Leave it to Beaver," IT here.

Don’t Get Taken Advantage Of

There are a lot of ruthless small business owners out there who will think nothing of chewing you up and spitting you out for their lunches because it’s their sport!

You don’t want to subject your IT business to this. It’s one of the most devastating things you can put yourself through as a new small IT business owner.

Set-up Payment Schedules

In order to protect your IT business, set up payment schedules that make sense. Do not take on a large, major IT project or any project for that matter, without getting at least 25% down.

If they really kick and scream about it, that might raise a red flag that they’re not really serious.

The Bottom Line about IT Consulting

Make sure you bill weekly and not when you get around to it. Your IT invoices should go out every week. If you bill any less frequently than weekly now, you need to get to weekly immediately; start doing it next week.