I finally bit the bullet and raised my fees.
I usually prepare a lump sum fee/proposal and sometimes have figured in larger fees over the years when preparing a specific proposal. But beginning March 1st, I've implemented an across the board increas at a fairly substantial rate.
There are basic services that clients want a 'flat fee' for.
those particular rates went up 12%
One week into it - so far so good-
When i was still on my own, if i plan to increase fees i base it on resulting inflation rates of the previous year rounded off to the nearest 5. That way i just tell my clients that increase is due to inflation. No need to explain further.:snarky:
I've never known a surveyor that went out of business because of a rate increase.
Like the rest of us, it was probably long overdue.:good:
Used to raise rates every January. Lately it has been every other January.
12% increase is less than rate of inflation
In 2013 it takes $1.17 to buy what $1.00 would seven years ago in 2006.
See: http://www.wolframalpha.com/input/?i=%241+2006+%3D+%3F&dataset=&asynchronous=false&equal=Submit
12% is less rate of inflation - YEAH, TELL ME ABOUT IT!
Yeah tell about it!
read my post dated December 22, 2010
[msg=39854]BeerLeg thread - Dec 22, 2010 - I'm Tired[/msg]
12% is less rate of inflation - YEAH, TELL ME ABOUT IT!
If you're just another surveyor in the yellow pages, it always comes down to price.
If you can be something other than just another surveyor, you can always charge more. Clients will nearly always pay more for value. They may squawk a little, but they'll pay.
> Yeah tell about it!
>
> read my post dated December 22, 2010
>
> [msg=39854]BeerLeg thread - Dec 22, 2010 - I'm Tired[/msg]