Delayed payments don't go away entirely. But the odds can be drastically reduced. It's not about the customer. Your contracts and processes are not designed to be secure enough. Always deposit (no prepayment received, no work started) The most important one. At least 30% –50% upfront Don't get paid, don't start What scares the production company the most is that you have chips. Deposit = risk sharing. Clearly state the payment deadline of 15 days (do not write the payment deadline of 30 days) The payment period of 30 days is often regarded as 60 days in the film and television circles. If you don't have enough bargaining chips, At least: Payment due in 15 days Specify “from the date the invoice is issued” The expiration date must be clear. Adding overdue fees and suspension terms 1% –1.5% monthly interest Suspend service for 7 days No default costs, The other party will naturally drag. IP Transfer Bundled Full Payment In particular:
Clip Photography Music Design Be sure to write: Intellectual property rights should not be transferred until full payment has been made. Unpaid, no original files. Split payouts (Milestone Payments) Don't wait for large projects to be completed. 40% prepayment 30% Crafting Complete 30% Before Delivery Don't put all risks last. Only written confirmation is accepted Don't rely solely on words. At a minimum: Email to confirm quote Clear working days Clear payment terms No written confirmation. The risk rises directly. Customer screening (least people do this) Red flags include: Prefer not to deposit
Refuse to sign a simple contract Always say, "Trust me." Blurry company name No fixed address These are usually high-risk customers who delay payment. Check the company background Check at least: Does the company exist Is there a registration Is there an official website? Do you have a fixed office address? In California, You can check the status of your company registration. Control the pace of delivery Do not have full intercourse at once. Watermark plate pre-submission Low-resolution preview Official documents should be delivered after payment Delivering rhythm is chip. Maintain professional boundaries Don't: Unlimited overtime Unlimited modifications Unconditionally deferred invoices
Delayed payments often come from “you're too good to talk to”. Core Conclusions Avoiding stalling payments is not about luck. Is Structure: Deposit Clear payment terms Default Cost Split payout Written confirmation Customer screening Who will the production company drag? People without systems. people with a system, The cost of delaying payment is too high. They naturally pay on time.