Increased Consulting Fees Through Self-Confidence
Sometimes consultants and other service providers are hesitant to charge a fair rate for their services.
Maybe they feel that the services they provide are so basic that you really can’t justify charging much or anything for them.
Perhaps they feel that they don’t have the knowledge or experience that other consultants have.
Thus, they hesitate to charge fair rates because of a lack of self-confidence. This is natural (especially for new consultants). However, what…
How Do You Set Consulting Fees?
One of the most frequent questions I receive from those who are trying to start or grow their own consulting business is: “How and what do you charge clients for your consulting services?”
The ways of billing clients are numerous. There are hourly rates, by-the-job fixed rates, contingency or performance arrangements, flat fee plus expenses, daily fee plus expenses, and many other methods of charging for your consulting services. Which one is best?
Let us consider some …
Explode Your Consulting Income
Here are just a few ways to increase and diversify your income from your consulting business.
1. Sell More Services to Your Existing Clients
Instead of spending all that time and money trying to get new business, why not try to sell more services to your existing client base?
If you are an accounting and tax consulting firm, for example, you likely have clients who need some assistance in their record keeping and documentation. In addition to your year-end tax servic…