{"id":77386,"date":"2020-06-11t13:00:22","date_gmt":"2020-06-11t17:00:22","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=77386"},"modified":"2021-04-19t22:50:25","modified_gmt":"2021-04-20t02:50:25","slug":"boosting-a-fixed-fee-substantially","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/06\/11\/boosting-a-fixed-fee-substantially\/","title":{"rendered":"boosting a fixed fee substantially"},"content":{"rendered":"
<\/a>more work = more pay. by ed mendlowitz<\/i> most of my clients, large and small, have always been on fixed annual fees, payable monthly.<\/p>\n more:<\/b> value pricing in uncharted waters<\/a> | testifying before congress<\/a> | underpaying others hurts you, too<\/a> | my top 10 personal game changers<\/a> | yes, christopher columbus had an accountant<\/a> | 10 reasons for my success<\/a> | when the kids don\u2019t want to take over<\/a> | staff may surprise you with leadership<\/a> some also allowed for year-end adjustments based on time charges. at the end of each year we usually increased the fees across the board by 5 to 10 percent, depending on circumstances. note that special one-time-only work is not included here because these would be outside the realm of regular work and would be billed separately.<\/p>\n in those extreme cases the fees had to be brought up to what they needed to be. our process was to determine what the fee should be going forward, document the changes over the previous five or so years to track the increased work, and meet with each owner or decision maker one on one. in one situation i flew to florida to meet with one of the owners. this was very serious for us because we needed to get the requested increase, did not want to negotiate it, and did not want to lose the client or have them upset with the increase. this hasn\u2019t occurred too often, but i am pleased to report that we did get the increase almost every time.<\/p>\n p.s.: human nature being what it is, we included some services in the new fee that had previously been an extra.<\/p>\n","protected":false},"excerpt":{"rendered":" <\/a>
\n<\/strong><\/p>\n
\ncall me before you do anything: the art of accounting<\/i><\/a><\/p>\n
\nexclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n
\n
\nsometimes it became necessary to increase a fee by 30 to 40 percent because of stealth scope creep and when the regular increase wasn\u2019t going to work. the scope increased over a period of years for reasons not under our or the client\u2019s control. these included such items as<\/p>\n\n
\nmore work = more pay.<\/strong>
\nby ed mendlowitz<\/em>
\ncall me before you do anything: the art of accounting<\/a><\/em><\/p>\n","protected":false},"author":1341,"featured_media":70489,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1905,3120,3002],"tags":[],"class_list":["post-77386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-clients-and-service","category-pro-member-exclusive","category-special"],"acf":[],"yoast_head":"\n