Turnover & Indirect Costs

This post is a complement to the analysis undertaken for Artquest in the March – May 2010 newsletters. For more details on our partnership with Artquest click here. Remember – a short column is a good thing in this graph … you don’t want to spend too much of your income on your overheads! The Read the full article…

Turnover & Production Costs

This post is a complement to the analysis undertaken for Artquest in the March – May 2010 newsletters. For more details on our partnership with Artquest click here. One of the things we’ve noticed as we analyse the 2008-9 data is that there is a dramatic difference between the profitability of the product based creative Read the full article…

How much time can you sell?

This post is aimed at those businesses who essentially sell their time (and the time of others) and looks at what assumptions you can make about how much time you can realistically sell per annum. Q1 – What would you like to earn per annum? Let’s start with the simple version i.e. a freelancer or Read the full article…

Improved project function for invoices and receipts

You can now assign invoice and receipt items to a project rather than a whole invoice/receipt. Which means that you can have a more accurate data on where every penny goes. To enable this go to SETTINGS > PROJECT SETTINGS > Option 6: Set your preferences Don’t forget to click “update” to save your changes.

design stirs lust but high-class customer service lasts

Following on from Sarah’s hotel experience in ‘Don’t over promise, do over deliver’, I spotted Graham Button’s guest post for Fast Company about his designed experiences.  After being let down by a different design led hotel he said goodbye – “They blew it, by paying the stylist more than the staff. All form, no function. Bad design.” read article… Are Read the full article…

Pricing your Services (part 2 – the sales targets part)

Okay, so now you’ve worked out how to price time here’s the next step … planning the mix of small, medium and large projects to the various types of customer you’re targetting. What would be a small, medium or large project for you? Are we talking £250, £1,000, £5,000 or £10k, £50k, £250k … or Read the full article…

Pricing your Services (part 1)

The good news is that this starts out pretty simple as you are essentially selling time. If you are a freelancer or sole consultant easier still because you are selling your time!. Pricing your time: start out by answering two questions: 1.    How much would you like to earn in a year? 2.    How many Read the full article…