Retainer / Part Time ID

Profit is pure profit or margin. Salary is what you need to live. As an industry expert Richard, you certainly command a higher profit margin than someone just starting. You could work it into salary of course.

Anything not in scope of the original proposal is a separate track of work that would get its own estimate.

Everyone likes to work differently. Not saying the way I do it is THE right way, just sharing how I do it. This is just how I learned to do it at the firms I worked. I don’t disclose the hourly because I don’t like to sell hours (IE justify why something takes a certain period of time) I feel better selling the solution (IE this solution is worth X), and I like trying to beat my estimate. Just how I was “raised” if you will. Sometimes I go over, sometimes I stay under.