Glossary term
What is Deposit?
In Apex Flow Academy, "Deposit" means: Part of the price paid before the job to hold the booking. Some places have rules about deposits, so check yours. It is taught in Launch a Local Service Business. Related terms include Minimum charge, Quote, Effective pay and Warm list. Every Apex Flow Academy course lists the official sources it checked.
- 1 course teaches it
- plain-word definition
The facts
What is Deposit?
Part of the price paid before the job to hold the booking. Some places have rules about deposits, so check yours.
Where is Deposit taught?
Deposit is defined in Launch a Local Service Business.
Which lessons cover Deposit?
These lessons name it in their title or objectives:
- Launch a Local Service Business, lesson 4.3: Minimum charges, deposits, travel fees and price by unit
Which terms are related to Deposit?
Next to Deposit in the course glossaries: Minimum charge, Quote, Effective pay, Warm list, Markup, Referral, Margin and Lead.
Minimum chargeQuoteEffective payWarm listMarkupReferralMarginLead
The hard questions, answered straight
Bold questions people really ask. Each answer comes from the course data or a settled Academy fact.
Do I need experience before I learn Deposit?
It depends on the course. Each course that teaches it lists its own prerequisites, and all are listed at beginner level:
- Launch a Local Service Business: None. You do not need any business experience.