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andye - 2:32 pm on Jul 12, 2007 (gmt 0)
For example, let's say: - Your standard rate is $75. - You're now doing work for him at $50 basically because he's a valued client. - You could say to him: "I can offer you an even better rate of $45, but you'd need to buy 20 hours paying up-front. You'd have up to 3 months to use the time". Then he can choose whether to agree or not - if not then you stick with the existing terms. BTW, you might find the book "getting to yes" is useful for these kinds of negotiations. Best wishes.
Thinking about this, another option would be for you to offer him a deal that's better for him than the original one, as well as meeting your requirements better.