'Consultancy' fees?

[minghis]

I've been asked to help out a company on a casual basis with some business advice.

I reckon on about 40p/mile travelling, how much do you think I should charge for my time helping them? The advice I'm giving is not ultra complicated or specialist (it's more along the lines of selling into a specific market) so I don't want to be greedy but I need it to be worth my while.

Advice gratefully received!

[Brink]

At least £750 per hour else they won't take you seriously.

Cheap advice is the easiest to dismiss.

[mas99]

What i sthe value of the advice?

How casual?

Does it benefit you in other ways? Contacts, reputation, other oportunities etc?

How big a company?

I wouls say anything from £500/day -> % of revenue generated, depending on how specialist it is.

But I would value it in terms of the benefits they are getting rather than cost of your time.

[mk1fan]

Depends on how much liability are expecting you to take.

[Brown and Boris]

As a one-man-band consultancy I would expect to pay ( and I charge) £600-700 a day for professional services, a bit more if there was work involved with liability attached (like I will be standing in the employmnet tribuanl justifying it). Pure advice with my liability insurance at risk would incur rates close to what a solicitor will charge ( £120 an hour).

I think the bigger boys would add 50-100% to that.

For technical skills I would expect to pay £35-40 an hour, which is what my small business software/web developers charge.

[S1M VP]

As above, but if it's sales related, negotiate a day rate + % of order value per month based on their sales value.
That way you continue to get paid small income well after job has been done, as long as they keep the work

[S1M VP]

As above, but if it's sales related, negotiate a day rate + % of order value per month based on their sales value.
That way you continue to get paid small income well after job has been done, as long as they keep the work

[davidd]

What is it worth to the client, what can they afford to pay, what might it lead to, what will it cost you?

Take all these things into consideration.

D