Time Is Money: How to Structure a Flat-Fee Firm

Determined to optimize your time while strengthening your client relationships? Structuring a flat-fee firm is the smart move. Designer Sara Malek Barney, principal designer of Bandd/Design and founder of Bandd/Development, is here to teach the best practices for calculating and implementing flat-fee rates, pricing proposals and client contracts in order to make every second count.

Informed by her years of professional experience, Barney’s step-by-step advice will provide attendees with not just a swiftly executable plan of action but a newfound confidence in both time management and negotiation skills, plus an overall sense of stability and security for their firms moving forward.

In this class, attendees will learn:

• The best practices for structuring flat-fee rates
• How to produce pricing proposals in a flash
• Strategies to stop the dreaded “scope creep”
• Effective wording to establish parameters in contracts
• Streamlined systems to account for your team’s time

By the end of class, attendees will have:

• The know-how to formulate flat fees
• A readily implementable plan of action
• The proper verbiage for agreements to set boundaries and manage expectations from a project’s starting point
• More time on your hands! And no more fighting with clients over hours billed

Additional Information:
This is an online course conducted through Zoom. You will receive an email with information on how to join.

About the Instructors:
Sara Malek Barney is the mastermind behind Austin-based Bandd/Design. Since its establishment in 2017, Bandd has successfully executed more than 145 residential projects, many of which have been recognized and published around the world. High-quality, approachable design is the driving force behind everything Bandd touches. In conjunction with Barney’s passion for interior design, she launched Bandd/Development in 2021 from a growing love for renovating and building beautiful homes throughout Texas and nationwide.

BOH Insider members get unlimited free LAUNCH classes!
Click here to learn more. If you are already a BOH Insider member and are looking to take this class, please register via your Benefits Portal.