OnBrio Glossary
Deposit
A deposit is an upfront payment collected before work begins, used to secure a booking, cover initial costs, and reduce the risk of non-payment after delivery.
An upfront payment collected before work begins, used to secure a booking, cover initial costs, and reduce the risk of non-payment after delivery. Deposits are common in project-based work like events, photography, and design, and are typically a fixed percentage of the total project value.
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FAQ
About Deposit
A deposit is an upfront payment collected before work begins, used to secure a booking, cover initial costs, and reduce the risk of non-payment after delivery.
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