
Fixed or Hourly Project Pricing
One of the critical choices in accepting a project is whether you will bill based on a fixed or hourly basis. The bottom line is that one approach places more risk on you as a provider. The other puts it on the customer. At least, that is the typical thought. However, you can adjust a fixed bid or how the hourly rate is paid to shift risk around. Fixed or Hourly as a Project Approach I think that this is a decision that should be considered far more from the basis of how the project will go as opposed to finances. A fixed bid will make it far more likely that a customer will want to squeeze all they can... Read more