Hourly fees vs. flat fees and how to handle the generalist within. Award winning Australian designer, Marylou Sobel, was more confused than ever after listening to a specific Business of Design™ Podcast about flat fees. Kimberley answers her questions and provides a better understanding of which fee structure works best.
In this episode we learn:
- when you set an hourly fee, it is built for profit, not just for covering overhead
- some clients like flat fees and some like hourly fees, there is no one-size-fits-all
- when in doubt, hourly fees are less risk to the design professional
- handling a client who wants you to deviate from your process
- specialists make more money than generalists
- follow BOD™ 15 Step Project Management Strategy as prescribed
- full service means nothing
It’s time to take control of your business.
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