Rates and Payments
Fees & expenses
There are three basic fee structures for our consulting services:
- Time and materials: Payments are made on a regular basis (e.g. once per month) for the duration of the project, with billing based on an hourly or daily rate plus materials and reimbursed expenses.
- Fixed price: A set fee is quoted and paid for. A deposit is required up front and sometimes progress payments are required based on the length of the project.
- Profit/Equity Sharing: Payments are based on performance and made at predetermined milestones (e.g. completing a phase of the project, delivering the final report). One variation of this structure is a gain-sharing arrangement, in which the amount paid to the consultant is directly proportional to the measurable results of his or her work.
~Ways to Pay~