How we charge for Consulting
Today the value that consultants can add to enterprise planning, monitoring and decision-making is being more widely recognised..
The most usual ways we charged clients were per hour(45%) or a flat rate per year(25%). We also charged per visit or per job.
Costs were quite variable and were determined by the type of service provided, the following range of prices being charged:
Cost per hour � The price per hour is dependent on work profile.
Cost per service � The price per service is case to case or work profile and its negotiable (note the types of services can vary considerably).
There is scope to negotiate with us about time, costs and activities. It is best to have a written agreement about costs and expectations. These can be reviewed after an agreed period.
Producer/Clients may note the following:
- The costs vary according to the type of service provided.
- Hourly rate can be depending on the work involved and the quantity of work. Short jobs-higher fee. Fees are all inclusive-no extras time.
- We charge a flat rate (retainer) per year plus extra for extra services, based on time.
- Clients are charged annually( or minimum 6 months) in advance based on a desired level of service.
- The flat rate is based on expected time required for the year.
- An adjustment is made for the next year if there is a significant difference.
- We have a mix of retainer and hourly rate fees - long term clients tend to be on retainers. We also produce and market subscription services such as newsletters and benchmarking which are done at a flat rate per service.
- Operate with 2 main options being a contract arrangement for clients using greater than 36 hours per year. Second option is a casual subscription for clients wanting low level service(i.e. By Phone & Email).
- Clients can choose a level of service based on approximate hours required. They pay that amount then work it off.
There is scope for negotiation with us on time, costs and activities. It is best to have a written agreement about costs and expectations. These can be reviewed after an agreed period.