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EP 133 | Time Tracking vs. Value Based Fees with Tim Williams - Part 1

EP 133 | Time Tracking vs. Value Based Fees with Tim Williams - Part 1

FromBusiness of Design ® | Interior Designers, Decorators, Architects & Landscapers


EP 133 | Time Tracking vs. Value Based Fees with Tim Williams - Part 1

FromBusiness of Design ® | Interior Designers, Decorators, Architects & Landscapers

ratings:
Length:
43 minutes
Released:
Oct 7, 2019
Format:
Podcast episode

Description

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

Learn more on this topic and guest at:
https://businessofdesign.com/podcasts/
Released:
Oct 7, 2019
Format:
Podcast episode

Titles in the series (100)

Business of Design is a coaching community for independent interior design professionals—designers, decorators, stagers, stylists, architects and landscape designers. Join to gain access to more than 100 design management courses. Change happens now....