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I always charged by the hour until a client in Austin asked for a flat rate.
I gave them a number based on my old hourly guess, about $800 for the whole job. They agreed right away, no talk at all. I finished it in half the time I thought it would take. Now I see I was leaving money on the table for years. How do you figure out a fair flat rate without undercharging?
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wright.lisa13h ago
Oh man, my friend did the same thing! He undercharged on a flat rate project and felt so burned. Now he basically does what @faith684 said, and thinks about the value of the whole project to the client first. It changed everything for him.
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