Here's what I would do...sm

first off I'm presuming that you started doing his work without any type of written contract.  Therefore if I were you I would write up a contract that includes things such as:

1.  What the Turn Around Time will be for his dictation.

2.  Name the line price you want (not what he wants to pay).  If he wants to pay for the black characters on the page then quote him a rate that will commensurate.  For example,  charge 13 cpl instead of 10 cpl if you include spaces. 

3.  Outline the term for payment.  State things like  " invoices will be provided to you on the 1st and 16th of the month or the following business day if these fall on a weekend, with payment due within 5 business days."

4.  Be sure to have a late payment penalty clause.  an example would be:  "If payment isn't received within 10 business days of the invoice being submitted an additional 2% will be added to the bill for each day the payment is late."

5.  If he gives you any flack over signing a contract then tell him goodbye and that he can just find someone else who wants to work for peanuts, but that you, as a professional, are going to insist that you get paid the ongoing professional rate in the industry.

Good luck!

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