[Asterisk-biz] Consultant rates

Tracy R Reed treed at copilotconsulting.com
Thu Oct 28 14:18:25 MST 2004


On Fri, Oct 29, 2004 at 05:28:20AM +0800, Flynn spake thusly:
> Is it as "simple" as X hours * Y bucks per hour?

The formula I like is:

1. How much money do you think you should be making per year? Let's say
$80k for an experience technical person.

2. How many hours do you think you will be billing per year? A good
independent consultant is lucky to bill 15 hours a week on average with
the rest being paperwork, making sales calls, etc. This means you need to
charge $102/hr (let's say an even $100).

3. Estimate how much time you think the job will take. Now double it. It
ALWAYS runs into more time. Especially when doing one-off projects like
this.

> Problem is, this client is starting out on a shoestring budget - so what
> other alternatives could they provide in lieu of a huge consultant's
> fee upfront?

Avoid clients with shoestring budgets unless you are into charity or are
willing to accept payment in barter but chickens and goat milk don't pay
the mortgage.

-- 
Tracy Reed             The attachment is a digital signature.
http://copilotcom.com  More info: http://copilotconsulting.com/sig
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