Business
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How To Realistically Set Your Fees - Part 5
   
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19 Ways To Attract Higher Paying Clients
How To Raise Your FeesSome people have little difficulty attracting andmaintaining clients who have higher discretionary funds tospend for solutions. Others .....
There comes a time when it is inevitable that you must raise your fees in order to maintain both your profit margin and income level. You will find that the greatest resistance to this comes from your oldest clients.
How To Get More Money For Your House
If you are thinking about selling your house, you should take a serious look at your home through objective eyes. You're probably used to all the little quirky things .....
There appears to be a direct correlation between the length of time a client is with you and the amount of outrage they show to your rate increase. This article will discuss the types of clients and how they usually react. If you are thinking about selling your house, you should take a serious look at your home through objective eyes. You're probably used to all the little quirky things .....
Keep in mind, no matter how you raise fees, how you approach telling clients or amount of lead time you give them, you will lose some clients. This is a given. I have found over the years that a very high percentage of clients lost are those that I'm not crazy about working with anyway. It's worked out, for me anyway, that these former clients who complained the most about your fee increase, were responsible for 85-90% of the aggravation I encountered.
Should You Refinance?
There are several reasons that might make someone consider refinancing their existing mortgage. One would be to get a lower interest rate than what they currently .....
Clients are attracted to you for a variety of reasons. We would all like to think that it is because of our brilliant promotional pieces, our award winning designs, outstanding service, etc. The reality is that many clients are using your services strictly because of price. I refer to these clients as price loyal. They are loyal to whomever has the lowest price. This type of client is not particularly sensitive to quality of work or level of service you provide. They go strictly with the lowest price and if you have the opportunity to examine how they run their business, your see it operates on this principle. For me anyway, this type of client is no loss.There are several reasons that might make someone consider refinancing their existing mortgage. One would be to get a lower interest rate than what they currently .....
There is a second type of price conscious client that is concerned with the quality and type of service being provided to them. You may lose this type of client with a price increase, but you'll find that they will be very apologetic about it. These clients truly can not afford the higher rates. They are usually a dream to work with, and I hate to lose them. In this situation, I will try a number of ways to keep them.
The Leadership Imperative: Making Your Leadership Your Life
Nearly all leaders I've encountered are underachievers. They're getting a fraction of the results they are capable of. And in most .....
Your newer clients usually react in a more neutral manner to a rate increase. They haven't been with you long enough to get a true baseline on your fee structures. You stand a very good chance of keeping these clients if the reasons for the rate increase are explained to them and not just dropped on them.Nearly all leaders I've encountered are underachievers. They're getting a fraction of the results they are capable of. And in most .....
I find that I lose about 5-6% of my clients when I raise my fees. Usually, I suffer no income loss because my higher rates absorb their loss. Remember, the bottom line is you are selling your time, you must make the most efficient and profitable use of it. If your rates stay around market level, you should have little or no trouble finding new clients.
Are You Making Any Money With Your Computer Yet?
Starting a home based business is a fantastic way to earn additional income part time or full. You can build a six figure or higher residual income using your home computer and a few hours of your spare time each week. It is estimated that .....
Copyright 2000, DeFiore EnterprisesStarting a home based business is a fantastic way to earn additional income part time or full. You can build a six figure or higher residual income using your home computer and a few hours of your spare time each week. It is estimated that .....
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