Charge flat fees or hourly rates and incorporate upfront payments into your offers.

The Reedsy bidding system allows you to customize your payment schedule, depending on how you want to structure your payments.

If you would like to charge a flat fee for the project, just set a date and the full amount when you are putting together your quote. Add an upfront payment by selecting the percentage you'd like to be paid upfront. Then if you need to split the payment up into installments, just select how many you would like, this will break down the remaining amount into equal parts and stagger them so that the last payment is due on the project deadline.

Submit your quote

You can also quote an hourly rate, if you prefer. We recommend stating what your rate is in the quote and giving a rough estimate of how many hours you think it will take to complete the project. Then you can work out what the advanced payment can be so that you are able to start the collaboration (normally it should be between 20-40% of the total fee). Just set the upfront payment to 100% and it will be processed on the first day of your collaboration. Once you are done with the project you can calculate the remaining fee to be paid and add it as a new payment to the collaboration by amending the quote.
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