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Consulting: Can you suggest alternative billing arrangements, e.g. project or value-based billing, to hourly rate billing for service-based professionals?
LF
LF
Luciano Fidalgo answered:

One of the most common is to set a monthly fee (recurring payment), or a retainer agreement. The purpose of a retainer fee is to ensure payment for future services or work to be rendered. Absent an agreement to the contrary, a retainer fee is refundable if the work is not performed.
Hope this will help.

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