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Other Added - How Much Are You Worth: Consulting Fees
Color Psychology and BrandingColor is probably one of the most powerful psychological tools and we are often not even aware of its power. If you didn’t know it by now, the industrial psychology has a special field that studies the in-depth psychology of color.Color is a very important factor in online branding, not solely for logos, but for web graphics in general. A simple shade of red could either send a good, positive message or generate an aggressive state of mind. To put it clear: color drives emotions and emotions are the most important factor in decision-making.
The employee:
$20.00 Hourly rate
$ 7.00 Fringe Benefits @ 35%
$10.00 Overhead rate at 50% (computers, office space etc)
$37.00 Total effective pay rate
Hours per year: 2080... Annual salary $76960
The contractor:
Negotiating with your boss can be a little tricky because you are not on equal footing. Since there is always the chance there could be repercussions for speaking out, an employee usually won’t tell his boss what he is really thinking. Anyway, let’s assume that you want to get a raise or a promotion. Here are some of the rules you can use to negotiate with your boss.1. Focus On The Goal; Don’t be Distracted By Emotions.It is especially important not to let your emotions interfere with a request to your boss. If you are angry because you were passed over for a promotion or did not get the raise you think you deserved, i
First, lets look at your client's needs. Why are they hiring an outside consultant, when they have employees? There are several reasons why your client is interested in hiring you as a consultant:
a) third party opinion - employees know where their bread is buttered, so they are less inclined to go against the current direction of the company. As an outsider, there is no concern with offering a different opinion. Your independent opinion can provide a much needed, focused perspective your client's company needs.
b) you are cheaper - this is what is normally the hardest for new consultants to understand. How can you command $75/hr when your client has reps working for $20/hr. It normally ends up with the consultant charging a lower rates. No more!
The employee:
$20.00 Hourly rate
$ 7.00 Fringe Benefits @ 35%
$10.00 Overhead rate at 50% (computers, office space etc)
$37.00 Total effective pay rate
Hours per year: 2080... Annual salary $76960
The contractor:<
Wonder Woman makes it looks so easy. She gets up every morning, fights the good fight, calls it a day, and starts the whole process all over again. This is the way most of us begin our workday. We work hard, accomplish lots, and get up in the morning for an encore presentation.From childhood we were told that if we put 110% into our careers that we will be shoo-ins for promotions and raises. It sounded like an excellent plan and one that you easily bought into-hard work equals a big return on investment. Good deal.Then one day you walk into your office only to discover that your position has been eliminated. Not throug
a) third party opinion - employees know where their bread is buttered, so they are less inclined to go against the current direction of the company. As an outsider, there is no concern with offering a different opinion. Your independent opinion can provide a much needed, focused perspective your client's company needs.
b) you are cheaper - this is what is normally the hardest for new consultants to understand. How can you command $75/hr when your client has reps working for $20/hr. It normally ends up with the consultant charging a lower rates. No more!
The employee:
$20.00 Hourly rate
$ 7.00 Fringe Benefits @ 35%
$10.00 Overhead rate at 50% (computers, office space etc)
$37.00 Total effective pay rate
Hours per year: 2080... Annual salary $76960
The contractor:
The Cash Flow statement is complete. You know how much you have to invest. Where is the rest of the money coming from? A very tough question indeed. But the options are many.There are only three sources of cash, equity, debt or income from operations, which is not available for start-ups.After your own personal funds, many new ventures rely on family and friends. You may use second mortgages on your home, even refinancing your home. Cash values from insurance policies, borrowing from pension funds, using severance payments or bonus payments, where available, may provide additional equity. Some even use credit card limi
b) you are cheaper - this is what is normally the hardest for new consultants to understand. How can you command $75/hr when your client has reps working for $20/hr. It normally ends up with the consultant charging a lower rates. No more!
The employee:
$20.00 Hourly rate
$ 7.00 Fringe Benefits @ 35%
$10.00 Overhead rate at 50% (computers, office space etc)
$37.00 Total effective pay rate
Hours per year: 2080... Annual salary $76960
The contractor:
Take a moment to paint a mental image of someone you hold in esteem as a leader. Focus on appearance, actions, habits, and life-style. When your picture appears sharp and clear, ask yourself these questions:o What specific personality characteristics does this person possess?o How does this person relate to others, professionally and socially?When you’ve examined thoroughly the qualities that you feel make this person a leader, ask yourself one more questions: Was this person born with such well developed leadership traits? The answer, though it may be startling to some, is that they are all learned, whether
b) you are cheaper - this is what is normally the hardest for new consultants to understand. How can you command $75/hr when your client has reps working for $20/hr. It normally ends up with the consultant charging a lower rates. No more!
The employee:
$20.00 Hourly rate
$ 7.00 Fringe Benefits @ 35%
$10.00 Overhead rate at 50% (computers, office space etc)
$37.00 Total effective pay rate
Hours per year: 2080... Annual salary $76960
The contractor:
Question: Which type of companies might benefit from Business Coaching Services?Answer: All types of companies, but it is particularly useful for SMEs, partnerships and sole traders which tend to need extra support at crucial times in their development.There are many people and companies in the UK purporting to be business or executive coaching specialists. Some are accredited business advisors; others are experienced individuals from within a particular business sector. Irrespective of their background or credentials it is important before you part with you hard earned cash that yo
The employee:
$20.00 Hourly rate
$ 7.00 Fringe Benefits @ 35%
$10.00 Overhead rate at 50% (computers, office space etc)
$37.00 Total effective pay rate
Hours per year: 2080... Annual salary $76960
The contractor:
$75.00 Hourly rate
Hours per year: 480 (12 weeks, 3 months worth of work).... Cost of completing the project: $36000
Your client gets the project completed quicker, and you end up saving them over 50%.
c) expertise in a specific area - you clearly can bring something that no other person on their team can. That's why they called you. As the expert in your chosen field, you can meet your clients needs with quickness and efficiency.
d) motivated to get job done on time, and likely, on budget - your work becomes your reputation. If you take too long, or go over budget, you wont see any future business from your client. However, provide the customer with what they need, under promise and over deliver, and not only will you retain your client for future business, you will get referrals. That's motivation that no employee has.
Now that you know what is motivating your client, you have the groundwork to start to establish your rates. As show in the second reas
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