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Post Info TOPIC: Cancellation and Subscriptions?
UNK2022


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Cancellation and Subscriptions?
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Hi everyone,

 

I'm just setting up my new business as a Bookkeeper and I've been playing with prices for some time.

When agreeing a monthly fee with a client, is it best to agree a 12 month contract or just work month by month allowing them to cancel your service at any time?

Is a long term contract more hassle than it's worth? Is it better to charge an hourly fee rather than per transaction or offering packages.

 

Many thanks

Donna.



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Donna
Leger


Master Book-keeper

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Hi Donna, and a belated welcome to the forum.  All my clients are allowed to give 30 days notice, and vice versa.

I prefer to charge a fixed fee but if its mainly bookkeeping you're doing it may be better to charge transactionally or hourly, especially when first starting out.



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
UNK2022


Member

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Posts: 12
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Hi John,

Thank you for the welcome and thank you for the advice.

I was reluctant to do a subscription type package.


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Donna
Artois


Guru

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I charge a fixed rate for all my sole traders, but the majority of my Ltd clients I do on a monthly fee, I have a few Companies where I just charge a fixed fee for their end of year accounts.

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Doug

These are only my opinions of how I see things and therefore should not be taken as advice
UNK2022


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Posts: 12
Date:
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Thanks Doug that's a great help.



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Donna
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