Download This Special Report

Saturday, February 25, 2006

Computer Repair Prices and Billable Hours

Computer repair prices can be very different depending on your business because of the many different fee-structure options. You should know how to use billable hours as a part of your computer repair prices.

BILLING BY THE HOUR

If you decide to use billable hours as computer repair prices, you should study up beforehand, because computer repair prices can often have a foundation in varied fee-structure options. Following helpful tips to guarantee that clients see your prices as fair will help you succeed.

THE DEFINITION OF BILLABLE HOURS

Billable hours occur when a consultant sets an hourly rate for the work he does. Upon completion of the project, he is paid for the number of hours he spent on it. This is a very common way to set up computer repair prices, and helps guarantee that you get compensated for your time.

HOW TO SET UP BILLABLE HOURS

One of the most critical parts of setting computer repair prices is to be honest and open about all costs from the beginning so there are no surprises down the line for clients. Before you begin work, you should give clients a written estimate that states the amount per hour you will charge. This document should also include an estimate of the amount of time it will take you to finish the project. Word it in a way that also protects you and makes them bound to the project financially. For example, you could write, “Client agrees to pay $75 an hour for 3 hours of work.”

PROJECTS THAT EXCEED EXPECTED TIME

Many times a project can exceed original time expectations. To protect yourself and fully inform a client, you should clearly state this possibility in the written estimate. You can add a clause that requires the client to approve any additional hours. If you are working on a long project, keep your client updated on your progress with a regular detailed progress report that includes computer repair prices. This measure will decrease the possibility of disputes over fees and keep both you and your client happy.

TRACKING HOURS

The final important thing to think about before setting computer repair prices is discussing every detail with your client. Factor in drive time, writing time or phone time if you wish to include these as part of the prices. You can track hours manually, but you may want to consider making your life easier by investing in an accounting package.

Created By: Computer Consulting 101