Page 89 - 2023 CIDI Notebook
P. 89

Clients
                                               -  Insurance Companies
                                                  -  Do not require a contract and seldom will agree to one
                                                  -  Usually work within their guidelines and rules
                                                  -  Will rarely pay a retainer
                                                  -  Will pay invoices Net 30 – Net 60 usually (find this out first! – Make invoices reflect their policy)
                                                  -  Generally will want flat rate for surveillance type jobs
                                                  -  Will usually have a pre-determined report format you must follow
                                                  -  Will usually have short deadlines for reports / video to be produced after you are done with work
                                                  -  May often set dates to conduct work
                                                  -  May require updates during the day on surveillance jobs
                                                  -  DO NOT do work outside of the scope outlined without prior approval




                                                  PI BUSINESS & MARKETING BASICS
                                                  JOHN MORRIS – EVCO INVESTIGATIONS


                                          17




                                                Clients
                                                -  Sub-Contractors
                                                   -  National Firms
                                                   -  Local Firms
                                                   -  Pay rates will vary widely $25.00 - $50.00
                                                   -  Usually work within their guidelines and rules (Surveillance will usually require time shots)
                                                   -  Will rarely pay a retainer
                                                   -  Generally will want flat rate for surveillance type jobs ($25 * 8 = $200 / $50 * 8 = $400)
                                                   -  Will usually have a pre-determined report format you must follow
                                                   -  Will usually have short deadlines for reports / video to be produced after you are done with work
                                                   -  May often set dates to conduct work
                                                   -  May require updates during the day on surveillance jobs
                                                   -  DO NOT do work outside of the scope outlined without prior approval
                                                   -  Start off SLOWLY – Payments can be slow (Make invoices reflect their payment policies)
                                                      -  National Firms 30 – 180 Days
                                                      -  Local Firms usually 30 days

                                                  PI BUSINESS & MARKETING BASICS
                                                  JOHN MORRIS – EVCO INVESTIGATIONS


                                          18



                                                                                                                          9
   84   85   86   87   88   89   90   91   92   93   94