Fixed or Hourly Project Pricing

Develpreneur: Become a Better Developer and Entrepreneur · Mar 1, 2019 · 22m

One of the critical choices in accepting a project is whether you will bill based on a fixed or hourly basis. The bottom line is that one approach places more risk on you as a provider. The other puts it on the customer. At least, that is the typical thought. However, you can adjust a fixed bid or how the hourly rate is paid to shift risk around.

Fixed or Hourly as a Project Approach

I think that this is a decision that should be considered far more from the basis of how the project will go as opposed to finances. A fixed bid will make it far more likely that a customer will want to squeeze…