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From studio jargon to business terms — understand every word before you hire, book, or buy.
An upfront partial payment securing a booking — typically 50% of the total, paid before work begins.
A partial payment owed to a provider when a project is cancelled after work has begun.
One cycle of client feedback and corresponding adjustments — most bookings include a set number of revisions.
Two common pricing models: charging per recording session (time-based) vs per completed project (deliverable-based).
The expected duration from project start to first delivery — a key factor in pricing and expectations.
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