Wednesday, February 11, 2009

Oracle Q and A: Fee Structure

Dear Oracle,

I am a new CPA starting my own firm. Can you tell me how to set up a fee structure? I have been working in a CPA firm for the past 4 years but now I am out on my own.

I assume you are talking about an "hourly" billing rate, but we teach to bill with fixed prices based on your value to the client. We have worked with many firms who have used this type of fixed fee structure. They tell us that they have bookkeeping departments billing in excess of $200 per hour. We would be happy to teach you how to make this possible.

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