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Genie AI

3 resources from Genie AI we point founders to, and the questions each answers.

📄 Article
✓ Link checked Free Intermediate

A practical breakdown of how to tie payments to milestones with objective acceptance criteria and a holdback so the agency stays engaged to the end. It gives concrete milestone wording, like a passing staging deploy or accepted tests, that you can adapt. Good for turning your intent into actual contract language.

Milestone-Based Payment Structures: Protecting Your Investment When You Outsource Custom Software Development

From Genie AI by Will Bond

  • Define each milestone with objective, testable acceptance criteria.
  • Hold back a final portion until after acceptance and a warranty window.
  • Tie payment to demonstrable deliverables, not hours or effort.
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📄 Article
✓ Link checked Free Intermediate

This one focuses on the money mechanics: deposits, per milestone releases, retention amounts, and review windows. It supports the idea of holding a meaningful final payment until you have actually used the build yourself. Use it to set percentages and timing you can defend in a negotiation.

Negotiating Payment Terms in Software Design and Development Services Contracts

From Genie AI by Genie AI

  • Keep the first payment modest so you can walk away cheaply.
  • Retain a real percentage until final acceptance, not just delivery.
  • Agree a clear window for accepting or rejecting each milestone.
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📄 Article
✓ Link checked Free Intermediate

A checklist of the clauses that matter beyond price: scope, acceptance, IP, warranty, and termination. It helps you see a milestone schedule as part of a whole contract, not a standalone item. Use it to make sure nothing important is missing before you sign.

Essential Contract Clauses When Hiring a Custom Software Development Agency

From Genie AI by Genie AI

  • Scope, acceptance, IP, and termination all belong in the contract.
  • A warranty period keeps the agency on the hook after delivery.
  • Tie the payment schedule to those clauses, not to hours.
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