Loading…
13
Saw a discussion about flat rates vs hourly for consulting work
I was reading a thread where someone claimed flat rates kill profit while another said hourly kills trust, but which one actually works better when you have clients who nickel and dime every revision?
2 comments
Log in to join the discussion
Log In2 Comments
carr.luna1mo ago
Does flat rate ever actually work or is it just a trap for nice people?
2
jackson.max1mo ago
Actually, I recently had a client who wanted to do flat rate for a 12 week branding project. They insisted on $4,000 total. I agreed because I thought the scope was clear. But then they ended up requesting 8 complete logo rewrites and three full round of copy changes. I lost money on that deal, probably around $2,000 in extra time. Flat rates can really backfire if you don't have bulletproof boundaries.
-1