From the course: Running a Design Business: Designer-Client Agreements
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Outlining your design fees
From the course: Running a Design Business: Designer-Client Agreements
Outlining your design fees
Your Designer-Client Agreements need to clearly outline your design fees. If the work has been broken into phases, price in phases. However, occasionally you may want to simply state one total fee, especially for those less expensive projects. If that's the case, add up all the phase fees together and call it creative process or simply design fee. Sometimes it's wise to include a few range, rather than a single number, why? Well, if the project has a lot of variables, for example, lots of components or different usage options, it may be tricky to know exactly what the scope is. Sometimes with a new client it's an opportunity to gauge appropriate pricing parameters. So Range, let's you hedge a little bit on the price. Pricing design often comes down to what you think the market will bear, versus how much time it will take you to do it all factored together with your perception of the project's value to your client. Regardless of your fee structure, put a price to the work. You should…
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Contents
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Talking money: General tips2m 31s
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Talking money: Revisions2m 27s
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Talking money: Other issues2m 8s
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Outlining your design fees2m 47s
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Estimate worksheet1m 19s
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Ways to price your work2m 47s
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Estimated expenses2m 59s
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Incorporating estimates from suppliers and subcontractors1m 59s
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Amending contracts with change orders2m 30s
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