EP 133 | Time Tracking vs. Value Based Fees with Tim Williams - Part 1
Flat fees vs. hourly fees—we could have this deba…
Business of Design® | Grow a Profitable Interior Design Business with Kimberley Seldon · Kimberley Seldon
October 7, 201942m 39s
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Show Notes
Flat fees vs. hourly fees—we could have this debate forever. While no system is perfect, Tim Williams, a professional marketing expert, believes value based flat fees provide a superior way to price for your expertise.
In this episode we learn:
- a service is always more valuable before it’s delivered
- provide detailed assumptions in your contract
- price in phases
- avoid pricing your services to only cover your overhead
- consider a razor and blades strategy for pricing
It’s time to take control of your business.
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