Chasing International Clients for Non-Payment (Canada -> US)
Hi all -
I have a small video production company (3 employees) in Toronto.
We have always worked on a flat-rate basis (25% upfront, 75% on completion).
I now have a new client with a ton of weekly deliverables. The quantity will vary, so they have requested we track and submit labour hours, monthly, for a net-30 payment.
It's a small company, so working for 2-months before getting paid isn't an appealing concept for me.
But, demanding weekly or full upfront payments seems unreasonable too.
My thought is building an airtight contract, but this client is in another country (USA) and chasing them from Canada seems like a big hassle.
Does anyone have experience with this?
TL;DR: Is it possible to chase a US client as a Canadian for non-payment? Any payment options that are fair to both sides, and mitigate risk?
I have a small video production company (3 employees) in Toronto.
We have always worked on a flat-rate basis (25% upfront, 75% on completion).
I now have a new client with a ton of weekly deliverables. The quantity will vary, so they have requested we track and submit labour hours, monthly, for a net-30 payment.
It's a small company, so working for 2-months before getting paid isn't an appealing concept for me.
But, demanding weekly or full upfront payments seems unreasonable too.
My thought is building an airtight contract, but this client is in another country (USA) and chasing them from Canada seems like a big hassle.
Does anyone have experience with this?
TL;DR: Is it possible to chase a US client as a Canadian for non-payment? Any payment options that are fair to both sides, and mitigate risk?