EP 398 | Hourly, Flat, Hybrid with Kimberley Seldon
October 15, 2024
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Not all contracts are created equal. An hourly fee contract has distinct advantages but so does a flat fee contract. Then there’s the hybrid contract. Which one is right for you? To be honest, it doesn’t matter which you use. All work effectively, provided you know how to calculate required funds, how to ask for the required funds and how to maintain control of the funds.
In this episode we learn:
- BOD™ finally has an ebook and an audio book
- which contract is right for you—hourly, flat, hybrid
- learn how to ask for the money you need
- learn how to calculate up-front fees
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Business of Design® | Run Your Business
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Legal Disclosure | This podcast is for educational purposes only and should not be used for any legal decisions. Kimberley Seldon Design Group, Kimberley Seldon Productions Inc., Kimberley Seldon Design and Media, Inc., Business of Design™, or any of its affiliated companies or staff is not responsible for any errors or omissions effecting accuracy in any content, and they will not be held liable for the use or misuse of information, facts, details or any other aspects should there arise any defects, errors, omissions or perhaps inaccuracies. Extensive research has been conducted to put this podcast together for the purpose of educating our industry in order to better serve the public. Care has been taken to acknowledge ownership of copyrighted material. The advice and strategies contained herein may not be suitable for every situation. This work is offered with the understanding that we do not render any legal, accounting or other professional advice. Seek the advice of a lawyer and/or other competent professional person in all matters of law. Further, listeners should be aware that internet websites mentioned may change or disappear between when this was recorded and when it was listened to.