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How to calculate cost rates correctly

Michael Holmes | 06.15.18


What are cost rates? Cost rates are simply the individual costs of an employee or contractor to you as a business.

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Featured post:

The 5 Step Plan For Improving Project Profitability [Download]

Paul Ard | 04.10.17


Building a successful, profitable service-based business can be hard work. But there are a few steps you can take to make things a little less...

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The 5 Step Plan For Improving Project Profitability [Download]

Posted by Paul Ard on 04 Oct 17

Building a successful, profitable service-based business can be hard work. But there are a few steps you can take to make things a little... Read More

How Pipeline Reviews Produce Instant Fee Forecast Reports

Posted by Tom Rains on 31 Oct 14

No matter what line of work you're in, regular sales pipeline reviews have far-reaching impact that affect the decisions  you make in other... Read More

How To Rein-In "Over Delivery"

Posted by Tom Rains on 28 Apr 14

Over delivery o·ver [oh-ver] de·liv·er·y [dih-liv-uh-ree] 1.Spending more time on projects than you've billed for Read More

CMAP's Cost of Sale Report

Posted by Tom Rains on 13 Jan 14

The Cost of Sale Report is an extremely handy tool. It shows how much speculative time you spent on the projects you won (and are in the... Read More

'Part Winning' Projects In CMAP

Posted by Tom Rains on 04 Dec 13

'Part winning' (where a client signs-off a project in stages, rather than as a whole) is fast becoming commonplace. Without CMAP's Part Win... Read More

Creating, Building & Maintaining Relationships With Email Marketing

Posted by Tom Rains on 04 Jul 13

It always surprises me how many services-based companies don't do email marketing. Personally, I think you should all be doing it. Some have a... Read More

Your Bottom Line's New Best Friend

Posted by Tom Rains on 10 May 12

Ever wonder why a project that looked so promising turns out to be a loss-making dog? Here’s a classic tale-of-woe from the design world that... Read More