In honor of my recent trip to New York, and David Letterman, I’ve created a DBB version of the Top Ten List. This time it’s the Top 10 Reasons Why Design Service Fees Are Better Than Hourly Billing.
Here we go …
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10. Get paid before you do the job, instead of months after the work is complete.
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9. Keep your cash flow consistent and know when the money is coming in.
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8. Never stop halfway through a job because the client is trying to control your time.
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7. Always get paid ALL the time you spend on a job, and not a second less.
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6. Never get another pay cut by “not charging” time because the client will never pay “that much.” Because they will and they do!
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5. Makes it easier to sell because your client is absolutely thrilled to know what the job will cost.
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4. It’s easy to add additional work to your agreements, and get paid, because the original scope of services is clear to all parties.
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3. It’s easier to get started with a new client because you can choose just one small job as a test to see how it goes.
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2. Save time because all your tasks are laid out in the Letter of Agreement, with time frames for completion.
And Last, But Not Least …
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1. It’s easy and quick to calculate your fees with the Project Time Estimating System 2.0, so you’ll always make a profit!