I've recently signed up for Freelancer.com and when bidding on projects you are asked to break down your proposal into milestones.

Why would I want to do that? If I enter just a single milestone and label it as 'upon project completion'?

I've read that milestone payments are made in advance; would this mean, in this case of a single milestone that the client should pay all the sum in advance to Freelancer.com which will release the funds to me upon the project's completion? If that is so, doesn't that advanced payment option have a negative impact on the client's side?

In general should I opt for multiple milestones or just a single one? What are some good examples of breaking your project down into milestones?

For example :

milestone 1 : start of project $40

 

milestone 2 :..............

I've recently signed up for Freelancer.com and when bidding on projects you are asked to break down your proposal into milestones.

Why would I want to do that? If I enter just a single milestone and label it as 'upon project completion'?

I've read that milestone payments are made in advance; would this mean, in this case of a single milestone that the client should pay all the sum in advance to Freelancer.com which will release the funds to me upon the project's completion? If that is so, doesn't that advanced payment option have a negative impact on the client's side?

In general should I opt for multiple milestones or just a single one? What are some good examples of breaking your project down into milestones?

For example :

milestone 1 : start of project $40

milestone 2 :..............