I have just picked up a client to start in April. But steer away from quoting an hourly rate.Ī further example. I would rather start high and if it looks like the potential custom may be eking away, suggest ways around it, e.g instead of bringing books in monthly, I'll do them quarterly which will save time. If you offer tax returns, I would probably price up as £250 for accounts and tax return.īut Shaun is absolutely right, it all depends on the client and of course at the start of your business it is tempting to start at a give away rate just to get the job, but it then becomes difficult to get thatcklient on a proper rate. Of course in the case of this particular client I would probably only see him once a year, as he is not vat registered and is just starting out, after initially getting him to keep some degree of bookkeeping, eg on VT like Shaun says (or more probably telling him to keep 12 envelopes marked witrh each month of the year!) I would do his books in one go. Clients seem to like to know what they are being charged each month rather than a random amount of hours. Again I never go below £50 per month (not much more than a tenner a week) and my highest fixed fee is £500 per month. I prefer to give a fixed fee per month and rarely do I lose out and usually the hourly rate works in my favour. I try not to quote a per hour rate, however if pushed I never quote less than £15 plus vat. So, what to charge ? per hour I know but what ? For instance, my local Business Gateway (part of Scottish Enterprise), do free seminars, workshops etc, for start-up companies, covering all sorts of things, and last night at the Start-Up seminar, beside me was a guy setting up as a sole-trader joiner in the next 2-3 months, no vat, and he can be one of my 1st clients after having a chat with him and exchanging contact details. But what would be a normal estimate charge in hours worked on a small trader account, say per month, per quarter ? Any help would be appreciated, look out for more shortly !! My background is : done everything in sales, from bottom to top, some accounts, but always worked with figs, budgets, P&L etc, so for home working chose Bookkeeping, and have qualifications through ICB. Payroll up here in lovely central Scotland.
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