The change in rates is a minimum 20% higher year over year. Much more than the rate of inflation.
Lets use an example from earlier in this thread.
250 hour x 5 clients a week $1250 a week x 52 weeks = $65,000 a year.
Raise your rates to $300 an hour and loose 1 client a week.
300 hour x 4 clients a week $1200 a week x 52 week = $62,400 a year. $2600 less
Go the other way, and lower rates to expand your market by 2 clients a week (conservative estimate)
200 Hour x 7 clients a week $1400 a week x 52 weeks = $72,800 a year.
A $7800.00 raise!
At 2 bills an hour provider’s requests would go through the roof! So double up a couple days a week and only work 4 days a week make the same amount!
Then 52 fewer hotel stays a year would reduce your overhead by at least another $4000.00
52 weeks a year 3 days off a week = 156 days off a year, that’s 22 weeks.
I know there too many variables to make this a sure fire plan.
There will always be a small percentage of clients and providers where money is no issue. For 90% of us where that’s not the case it works.
Try it for a couple of weeks at $200 or $225 your inbox would be full that I can guarantee!