Why not an option for you to choose? How about this: Keep track of the hours you spend building the site. Multiply that by some rate...suppose $30/hour for the sake of discussion. That is the your minimum fee. If the site hasn't generated $XX of profit in 6 months, you get your hourly rate fee. If it does meet or exceed the profit goal, you get a percent of gross.
-----Original Message----- From: Alex [mailto:[EMAIL PROTECTED]] Sent: Sunday, September 08, 2002 10:01 AM To: CF-Talk Subject: Re: OT: Paid by a percentage of the gross?? Anyone? Stock options used to be popular too. I would recommend charging an hourly rate. On Mon, 9 Sep 2002, Michael Kear wrote: > Is anyone here being paid for their development work with a percentage > of the gross from the site they're working on? > > > I have a client who's telling me with convincing assurance that his > site Is going to make a mint, and I'd be much better off taking 20% of the gross > revenue than charging a fee for service based on my hourly rate. I can > see every transaction going through the site, so I know I'll be able > to verify how much I'm owed. In fact I can probably have it pay me > direct to my account from the credit card transactions. > > > He's probably right, he's probably going to do quite well with his site .. > he has orders backing up already before the site's even started, but > all my instincts are telling me to say "no thanks I'll take my chances > with a fee for service". > > > I know it's up to me to decide which way I'll be better off, but I was > wondering if anyone else has made this sort of arrangement and how > it's worked out. > > > Cheers, > Mike Kear > Windsor, NSW, Australia > AFP WebWorks > > > > ______________________________________________________________________ Structure your ColdFusion code with Fusebox. Get the official book at http://www.fusionauthority.com/bkinfo.cfm FAQ: http://www.thenetprofits.co.uk/coldfusion/faq Archives: http://www.mail-archive.com/cf-talk@houseoffusion.com/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists