Jim Lawrence
accessd at shaw.ca
Sat Feb 19 14:16:55 CST 2005
Hi Paul: The costing is a very difficult area in which to get a solid handle on. There are no set rules just a series of guide-lines that are vague to say the least. Maybe you should work from the angle of how much the business will cost: Location (electricity, cost of rent even if it is your own house etc.), phones, web access, cards, equipment, updating skills, accountants, taxes, licensing etc. Add a few dollars for unexpected costs. Then your overall expenses, family cost, house, car and projections into the future. When that is all done calculate the minimum costs per week. Fold in how many hours you plan to work and that will give you a base hourly rate. In order to make a profit you should be charging at least two and a half or three times that amount. (This is a famous one to three rule. One part for the base costs, one part for the business and one part for you.) Here are some further (local) observations: 1.) A single man or woman operation can survive on $35.00 per hour. 2.) Add a partner or two along with addition support or sub-contracting try $50.00 to $7500 per hour. 3.) Have an office and general staff (salesman), even two or three then $75.00 to $125.00 and up... As you become better known and have a list of happy clients you will be able to charge more. Be willing to work what ever amount of time to get a job finished on time...If that is 16 hours a day for two week or more, so be it. I hope the previous helps you and does not scare you off. I wish I knew then what I know now. My final recommendation is to; if you do not have one, get a business mentor. Choose someone who has been successful in business and learn as much as you can from them. Too many programmers have a tendency to view programming as an art form and not as a business.... and I am guilty as charged. HTH Jim -----Original Message----- From: accessd-bounces at databaseadvisors.com [mailto:accessd-bounces at databaseadvisors.com] On Behalf Of paul.hartland at fsmail.net Sent: Saturday, February 19, 2005 9:04 AM To: accessd Subject: [AccessD] Starting Up On Your Own To all, I'm thinking of starting up on my own (part-time at first) as an Access developer. I have experience in most platforms of Access, and am basically looking for advice on how to go about this (how to cost a product, or how to work out my hourly rate etc) Any help and advice will be received with many thanks. Please feel free to email me off list with this if preferred. Thanks in advance.... Paul Hartland -- Whatever you Wanadoo: http://www.wanadoo.co.uk/time/ This email has been checked for most known viruses - find out more at: http://www.wanadoo.co.uk/help/id/7098.htm -- AccessD mailing list AccessD at databaseadvisors.com http://databaseadvisors.com/mailman/listinfo/accessd Website: http://www.databaseadvisors.com