When should you request a deposit?
Deposits are uncommon for one room or hallway, but useful for a whole house, façade, office or several weeks of work. Material costs are high and the final invoice comes long after your first day.
Agree the deposit in your quote: the percentage, for example 30%, and when you invoice it, such as on acceptance or a week before starting. Accepting the quote also accepts the deposit. The final invoice must clearly show the total work, payments received and outstanding balance to avoid questions delaying payment.
