Consulting fees and how to set them can be a challenge to new consultants. You might be wondering how much to charge or be unsure of your own value. Many new consultants start by undercharging. However, setting your consulting fees in the right range is easier than you think. There are several approaches to setting consulting fees that you can take. In this article, hourly, daily, fixed, and competitive rates will be examined.
Setting your consulting fees can be a huge stumbling block. If all this is new to you, you may feel your head spin when you start looking at coming up with a fee. If you’re also dealing with a career change, a career break, cultural or gender factors, things get more complicated. Fortunately, you can use clear models and recommendations to help navigate this new path.
Keys for getting clear about consulting fees Read More »
Average consulting rates vary from industry to industry. If you’re pondering average consulting rates, you probably need to finetune your search. Here’s how…
Average consulting rates Read More »
Average IT consulting rates may be part of doing your due diligence. If you’re looking for average IT consulting rates, you have to first identify your goals in seeking it.
Average IT consulting rates – tips and tricks Read More »
Knowing what to charge for consulting can be tricky if you haven’t got a plan. But, with a little research and planning, you’ll be able to work out what to charge for consuting fees — and say it with confidence.
What to charge for consulting – 5 starting points Read More »
Hourly consulting rate calculations can leave even the savviest consultant feeling frustrated.
Hourly consulting rate Read More »
How many hours do you work as a consultant? Okay, now, how many of those hours are actually consulting? How much time are you actually spending on just consulting?
How many hours do you work as a consultant? Read More »
Working on retainer is a popular way of setting consulting fees. When you’re working on retainer, you’re dealing with a contract that requires your client to pay you a flat rate for a certain amount of time. In turn, you keep that amount of time available for the client, so that they don’t have to
Working on retainer Read More »
If you follow the media, you’ll sometimes see criticism of the "enormous" amounts spent on consulting fees. The media will gripe about people being paid $150 an hour, $1200 a day or even $30,000 for a month’s work. They act as though these fees are just some sort of patronage payback. Of course, they might
Justifying high rates Read More »
Setting consulting fees can be tough to navigate when you’re becoming a consultant. There are so many parameters to consider–far more than just what others are charging.
Here are six reasons why you never want to compete on price:
Why you never want to compete on price Read More »
