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Tuesday, October 10, 2006

Consulting Rates: Am I Fit For Premium Rates?

Different businesses will have different consulting rates. Sometimes individuals will start a computer consulting business as soon as they graduate from school, while others will work in the industry for other companies for a long time before deciding to open up their own businesses. Because not every computer consulting business is the same, consulting rates will be completely different based on experience levels and skills.

Sometimes computer consulting business owners will have bachelors degrees, other times they will not; similarly, some consultants will have many years under their belts, while others will just be starting. There is also a great discrepancy between ages of those in the computer consulting business, so if you are involved in the industry, you may have a hard time figuring out when you can charge premium consulting rates for your services.

DETERMINING CONSULTING RATES BASED ON EXPERIENCE AND QUALIFICATIONS

If you have pretty god people skills and technical skills, can do the job and can be a positive addition to a sweet spot small business in need of an IT expert, your age, experience or education should not play much of a factor in the consulting rates you can charge.

Also, if you are starting a business in your 50’s and 60’s and this is a second job or a major career change, you can also set premium consulting rates. Your competency as a computer consulting specialist is far more important than your age, experience or education level.

When setting your IT consulting rates, the most important issue is the value you provide as a computer consulting business to a client. If you provide services the company can’t do alone and help raise productivity and cut business expenses, you are completely justified in setting premium consulting rates.

Blogged By: Computer Consulting 101 Professional Kit