How to Set Your Day Rate as a Safety Consultant: Tips for Long-Term Success
Автор: My Safety Tech Podcast
Загружено: 2024-11-13
Просмотров: 358
Описание:
In this episode of My Safety Consultant, Peter Thomas dives deep into one of the most challenging questions consultants face: How much should I charge for my services? Setting a fair, sustainable day rate is crucial for building a profitable business, yet so many safety consultants get this wrong. Charge too little, and you’ll struggle to stay afloat. Charge too much, and you might lose potential clients.
Topics Covered:
The risks of undercutting and discounting your services
Why setting your rate too low attracts difficult clients
Key considerations when calculating your day rate (sick days, holidays, insurance, marketing costs, and more)
How to handle rate negotiations without devaluing your expertise
Adding value to justify a higher rate
Peter also shares an exciting update on his recent appointment as Deputy Chair of the IIRSM Ambassador Program and discusses insights from his work with Karen Hewitt. Plus, there’s a special mention of Gareth Grimes’ book on the Building Safety Act, a resource that makes navigating complex regulations more accessible for professionals. See Gareth's LinkedIn for more info: / gareth-grimes-mifsm-miirsm-misse-mcabe-mci...
Get Involved: If you’ve got thoughts on day rates, share your tips in the comments! Also, check out our three-month free trial on www.MySafetyConsultant.io for consultants looking to build visibility and secure new business leads.
👉 Don’t forget to like, subscribe, and hit the notification bell to stay updated on all things safety consultancy!
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