TAG: deposit

Bigger project, smaller deposit

May 30, 2013By

Question: How much money should companies require as an initial deposit? I’ve heard various theories on this and wonder what your experience is with deposits.—Benjamin Parsons, Living Landscapes, Andover, Mass. Answer: That’s a terrific question, Benjamin. First, let me begin by making a distinction between a deposit toward a design fee and a deposit toward a design/build installation. Design fees,... read more