Cost of Billing Time
Cost of Billing Time:from VeraSage
Our thanks to Peter Lawson of Hedgehogfx in Australia for allowing us to share this tool he put together for determining the cost of driving “time” through a professional firm.
Ron Baker and I usually use a figure of about 7 to 10 percent of timeline revenue, but Peter challenged us on this and produced the tool which he feels more accurately represents the true costs - about 30 percent.
Above is an embedded version. Click link to download.
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