Per-Hour Billing

MYOB 2007-08-13
Show #63
Release date: 13 Aug 2007

Notes

Have you ever felt overcharged by a professional adviser? Could their way of charging customers be the fault? In this show we take a look at way accountants, lawyers, consultants and other advisers charge their clients. We examine the inherent conflict of interest in a per-hour billing system and explore alternatives, solutions and lines of defence for entrepreneurs.

We examine the two basic pricing systems: cost plus and value. Which is better for the customer? Should purchasers of professional services be bothered how long the supplier takes just so long as a good quality job is done?