Saw a discussion about flat rates vs hourly for consulting work

I was reading a thread where someone claimed flat rates kill profit while another said hourly kills trust, but which one actually works better when you have clients who nickel and dime every revision?

2 comments

2 Comments

carr.luna8d ago

Does flat rate ever actually work or is it just a trap for nice people?

jackson.max9d ago

Actually, I recently had a client who wanted to do flat rate for a 12 week branding project. They insisted on $4,000 total. I agreed because I thought the scope was clear. But then they ended up requesting 8 complete logo rewrites and three full round of copy changes. I lost money on that deal, probably around $2,000 in extra time. Flat rates can really backfire if you don't have bulletproof boundaries.

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