13 {{ upvoteCount | shortNum }}
13 {{ upvoteCount | shortNum }}

[ADVICE NEEDED] Client offered % of Business for web development

by Rudz69
11 replies
Hi guys,

Really faced with a big decision to make in the next hour, My client offered me 50% of all ONLINE sales for website Development and website management?

However I told him i'll think about it if he then goes 50/50 with me in all website dev/management expenses...

The client has a solid brand with plenty of stock that has huge potential! Currently he has the reselling rights in the whole of AUS.. And just signed a contract with 7/11 a week ago.
The Brand is highly established and well known in the original country (prefer not to say)

Do i take it? do i give him a counter offer? what do i do!!????
#advice #business #client #development #needed #offered #web
  • Profile picture of the author Chriswrighto
    Hi Rudz, is there no upfront payment?

    It sounds like you are confident in the brand and the success it may have. I would do your research to make sure this product/service is really wanted and has a proven track record elsewhere. If so, I would do it.

    If you don't feel comfortable about it then counter with an upfront payment and 25% of online sales (rough number).

    Chris
    Signature

    Wealthcopywriter.com :)

    {{ DiscussionBoard.errors[8678566].message }}
  • Profile picture of the author JRJWrites
    50% sounds good, but make sure that it isn't any sort of scam, and get it in writing.
    {{ DiscussionBoard.errors[8678573].message }}
  • Profile picture of the author thedog
    Impossible to say without knowing how many hours work for you is involved, your hourly rate, your expenses etc... and how viable this product is, online.

    If it's something you know will sell online, a lot, then, it sounds like a good deal


    Originally Posted by Rudz69 View Post

    Hi guys,

    Really faced with a big decision to make in the next hour, My client offered me 50% of all ONLINE sales for website Development and website management?

    However I told him i'll think about it if he then goes 50/50 with me in all website dev/management expenses...

    The client has a solid brand with plenty of stock that has huge potential! Currently he has the reselling rights in the whole of AUS.. And just signed a contract with 7/11 a week ago.
    The Brand is highly established and well known in the original country (prefer not to say)

    Do i take it? do i give him a counter offer? what do i do!!????
    Signature

    {{ DiscussionBoard.errors[8678575].message }}
  • Profile picture of the author KirkMcD
    Get everything in writing and get a good lawyer to review everything.
    {{ DiscussionBoard.errors[8678653].message }}
    • Profile picture of the author SaraHendren
      Originally Posted by KirkMcD View Post

      Get everything in writing and get a good lawyer to review everything.
      It's hard to trust people these days.
      {{ DiscussionBoard.errors[8687828].message }}
  • Profile picture of the author Rudz69
    Thanks for your advice Gents, i ended up not taking the contract and gave him a counter for a start up fee and 12th month contract for my services! I'm not gona be someone's bitch, i want to be in charge! And even if he does make a huge ROI on me, i know he will refer me to his connections.

    Thanks anyway Warriors!
    Signature

    Christian, Author, Marketing Strategist, Conversion Optimization Specialist, Crypto Enthusiast

    {{ DiscussionBoard.errors[8686765].message }}
  • Profile picture of the author bostjan33
    Banned
    Hmm...it's a little strange that someone who has a solid brand would offer something like that. Personally, I would be a little sceptical.
    {{ DiscussionBoard.errors[8686868].message }}
  • Profile picture of the author brettb
    Good decision. I've been building websites for 15 years now. About the only ones still around are my own sites. It's a huge risk for a smart developer to take on somebody's dumb idea for a site and work on it for free. And most ideas are dumb - usually rehashes of other people's sites.
    Signature
    ÖŽ FindABlog: Find blogs to comment on, guest posting opportunities and more ÖŽ
    {{ DiscussionBoard.errors[8686904].message }}
  • Profile picture of the author Wide
    Remember Facebook offered shares in the start too, for people doing work for them (like the paintings etc). It's 100% up to you and only you can make this decision.

    The real question is; How much will this cost you? How many hours per week do you need to work on this or is it a one-time deal? Everything has to be put on paper if you decide to jump the deal.
    Signature

    Test my 21.03% CTR Theme
    http://www.warriorforum.com/warrior-...?highlight=CTR

    {{ DiscussionBoard.errors[8687019].message }}
    • Profile picture of the author wayneh
      I think you made the right decision as it sounds like you would have had invest a big amount of time on it. Even if it's a good brand it doesn't mean your prospective client can make it work.
      Signature
      CLICK HERE for techniques and reviews of affiliate marketing training
      {{ DiscussionBoard.errors[8687050].message }}
  • Profile picture of the author John Romaine
    Never get involved in performance based web design (or SEO) F that.

    Get paid upfront, or tell em to hit the bricks.
    Signature

    BS free SEO services, training and advice - SEO Point

    {{ DiscussionBoard.errors[8687141].message }}

Trending Topics