How do I Charge??

Discuss wedding planning with your peers and get help with your assignments.
labellefille
Posts: 6
Joined: August 26th, 2013, 3:15 pm

How do I Charge??

Unread postby labellefille » August 26th, 2013, 3:25 pm

Hi guys! I am almost finished my course and am currently starting to plan my business. What I intend to do is start as a "jack of all trades" and create invitations, party favours, small packagings, decorations and small parties etc and then work my way up to weddings eventually. Does anyone have a suggestion as how to charge for my services? And what is a reasonable beginners rate?
Flat project fee?
Percentage of expenses?
Hourly rate?
Percentage of expenses plus hourly rate?
Commissionable rates?

Cheers
La Belle-Fille
EP10126
Posts: 3
Joined: July 8th, 2013, 9:13 am

Re: How do I Charge??

Unread postby EP10126 » September 24th, 2013, 2:15 pm

Hi Labellefille,

With regards to charge I went started looking at the going rates in my area, and how they charge. Next I reviewed the services they offered compared to my services (remember some established planners are not charging just for their service but their reputation as well). Next thank about the clients you are trying to services. After you've done your research really think about the cost :

Travel
Vendors
Hired help etc.

I charge a flat rate, but its based on the number of hours and cost. For example If I charge 1400 for Paritial planning which breaks down to $70. an hour for 20 hours. Not 20 hours at one time but 10 hours for wedding day and 10 hours for the other time you spend on planning.

Hope this helps.

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