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IT Consulting Basics..

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Just Curious How Other People Stand:

1.) What terms do you use? Ours = net 15
2.) What is your hourly rate? Ours = 125/ hour
3.) How often do you do billing? Ours = once a week
4.) Drive time? We bill half.
5.) Billing software? Quickbooks Pro 2009.
6.) Hours? 8-5 (except special projects)
7.) Employees? 2
8.) 2008 Consulting Sales? 199K

5 replies

by oh smeg

I'll answer what I can so here goes.

[i]1.) What terms do you use? Ours = net 15[/i]

Depends on the client and how big a job we are doing. New Hardware requires a Deposit for our out of pocket expenses so I tend to tell them that they have a 80% Deposit for new Hardware [bi]Systems/Computers and so on[/i] and we require this before starting to sending Bills out after a job is finished as soon as is piratical for small jobs to monthly billing for the larger jobs.

[i]2.) What is your hourly rate? Ours = 125/ hour[/i]

I have several clients and a few more staff but the price ranges from $75.00 Per Hour for Installing hardware to well in excess of $180.00 for Security related services.

[i]3.) How often do you do billing? Ours = once a week[/i]

Depends on the customer & job but I try to Bill the small Jobs as Soon as is piratical after the job is finished and the big ones monthly.

[i]4.) Drive time? We bill half.[/i]

Again depends on the customer but Traveling time for the long distance jobs gets charged at the time spent to get there & back. Encourages the clients to fly my staff tot he jobs instead of wasting a couple of days driving each way for some of the bigger remote jobs that crop up.

[i]5.) Billing software? Quickbooks Pro 2009[/i]

Depends on what the Company Accountant wants their stuff in to do the Tax. But i use both Quick Books and MYOB. Mind you I didn't pay for either suite as the companies concerned gave me copies to use as required. ;)

[i]6.) Hours? 8-5 (except special projects)[/i]

Again depends on the customer but basically any time that is convenient for whatever is required. Breakdowns immediate where possible and I try to organize Routine Maintenance After Hours to get a clear run and not get distracted by staff complaints about things not working. Just pull a Mail Server after telling everyone who ignores you and see how long it takes for them to realize that things are no longer working. :D

[i]7.) Employees? 2[/i]

13 and then there is me the idiot who owns the place.

[i]8.) 2008 Consulting Sales? 199K[/i]

Not really sure but a bit more than that. I haven't seen last years finial figures yet. Mainly because it involves Paperwork with an Accountant and I don't like them attempting to tell me how to run the business so I avoid them where possible. :0

Col

by skdtech

To the Skull & Crossbones company logo? :P

by cnet19

Thanks for the detailed reply. Its always interesting to see how other people do things, but I think the bottom line is getting the customers to pay ON TIME!

Thanks again!

by oh smeg

But when they realize no payment no work they either find someone else of start paying when they are due to. ;)

Although there are always exceptions and I had one great payer very late because they had a staff change and things got mixed up. Well they did pay but sent the payment to the wrong address like 3 years after the move. :D

Col

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