On Friday, we got a question from a reader:
I’m bidding on a consulting project as usual can’t figure out how much money to ask for or how to ask for it. The client threw out a range and I didn’t ask him exactly how he came to it. I obviously want the high end. Right now I am breaking it down to hourly rate and an estimate of 20 hours per week. It may be a multi-year project. I don’t really know how long it will all take.
Any advice on long term contracts? Is it generally good or bad to give hourly justification?
Here’s What We Had to Say. (Got another opinion? Share it in the comments section below.)