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Consulting Fees & Arrangements

Consulting Fees & Arrangements




Overview

Course code


1114-F


Skill Level


Intermediate

Duration


2 hours


Delivery Type


e-learning

Format


Multi-Media


Prerequisites


None

This course usually requires 2 hours to complete. Once you receive your access information, you will have 365 days to complete this course.

This innovative self-paced online format is available from Peak Strategy University and gives you the opportunity to complete the course at your convenience, at any location, and at your own pace. The course is available 24 hours a day.

All of our products and training modules come with a 30 day, money back guarantee. If you are unsatisfied for any reason, just let us know and we will refund your purchase.

Course Outline
Charging the right fees can make or break your business. This course covers everything you need to know about consulting fee arrangements. We walk you through the types of consulting fees and revenue sharing models, how to determine the fee to charge, how to raise your fees and much more.



Module: 1 - Types of Consulting Fees
In this module you will learn about:


- Time Method of Billing
- Fixed Fee Billing and When it is Used
- 10 Qualities of a Good Retainer
- When Cost Plus is Used
- Key Questions You Need to Ask Before You Leap Into Performance Based Arrangements



Module: 2 - Revenue Sharing
In this module you will learn about:


- Guidelines for Paying Finders Fees
- What You Should Pay a Speakers Bureau
- A Formula for Splitting Joint Work on a Project
- How You Should Approach Sub-contracting Out the Work

Module: 3 - Methods for Determining Fees
In this module you will learn about:

- A Simple Model for Calculating Fees
- Cost Based Fee Determination Method
-
7 Step Detailed Fee Calculation
- How to Conduct Industry Fee Research


Module: 4 - Fee Tips and Strategies
In this module you will learn about:


- 10 Reasons Why the Client Should Choose Fixed Fee Arrangements
- How to Approach Project Expenses
- 8 Methods to Increase Fees
- 40 Quick Fee Tips









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