Continue to Site

Eng-Tips is the largest engineering community on the Internet

Intelligent Work Forums for Engineering Professionals

  • Congratulations cowski on being selected by the Eng-Tips community for having the most helpful posts in the forums last week. Way to Go!

Billing rates

Status
Not open for further replies.

MPEPE

Electrical
May 15, 2007
2
I am a PE starting a solo electrical/mechanical consulting firm in TN. What is the going rate to bill clients? Is there an accepted billing method?
 
Replies continue below

Recommended for you

Take a look at this thread:

thread731-186377

 
This also has been discussed several times over the last year, search for those threads. I tried exactly what you intend, I found my rates (as determined by the "How to be a Consultant" books) was too high and unrealistic. This translated into "no work".

I developed a graduated scale based on type of work, percentage of total work that each type would encompass, etc. Good luck, every 1st time solo has to go through this learning curve.

TygerDawg
 
Status
Not open for further replies.

Part and Inventory Search

Sponsor