Value yourself.
Commercial Pricing.
Basics of estimating:
-Know what it costs to run your business.
-Always submit estimates in writing (don't give verbal estimates) and list all costs & possible costs.
-Get confirmation for all estimates.
-Create a rate card for quick reference on the go.
-Communicate with the client.
Find out what it's cost to do nothing:
-Overheads
-Fixed costs
-Equipment etc.
Compare yourself to other professionals (i.e. lawyers)
Pitfalls of estimating:
-Not saying no.
-Quoting out of desperation (thinking it's the only work you ever get and therefore under charging.)
-Being vague about whats included.
-Under quoting.
-Verbal quoting.
Summary:
-Know your business running costs
-Estimates in writing
-Have a terms of trade
-List all possible additional costs
-Get confirmation
-Have a rate card
-Communicate with the client
-Join the ACMP (plug for ACMP)
In terms of ACMP Vs AIPP the ACMP come across as real professionals as apposed to the AIPP who oft seem like a boys club.
Sunday, August 22, 2010
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