You’ll also want to keep tabs on the agreement as time goes on.
#Harvest time tracking retainer software#
Prevent this by having an agreement that specifies X hours, and if they want X+Y, they’ll have to pay extra.ĭon’t know how much time you’re dedicating to each client? Our integration with time-tracking software Harvest makes it simple to find out!
They might start demanding too many hours. Tracking Your Timeīeing at someone’s beck-and-call can get out of hand when they start paying you every month. One must-do is to outline specifically: 1) what work you’ll be doing, and 2) how much time you can commit to the arrangement. Handling reoccurring work (like a set number of articles per week, as mentioned above).Consulting on strategy or planning for the company.Offering extremely fast turnaround for routine tasks.Being on call for emergency issues (clearly define what constitutes an “emergency”).Handling routine (i.e., not out of the ordinary) maintenance work that may not get done without you.Services That Work Well for Retainer Agreements This article will help you pinpoint which of your services would be the best fits for retainer gigs. All the little details eat up too much time to make it worthwhile. You’ll find that some of your typical work probably won’t be the best fit for a retainer agreement.įor a marketer, a marketing agreement might include a retainer option, “Deliver one article a week and two guest posts per month.”īut what about for someone who develops websites or handles maintenance? Left ambiguous, a retainer arrangement can lead to way too many calls, emails, and requests. One of the first steps to making a retainer work for you is to decide what sort of services you can realistically offer. Image credit: FirmBee What Work Should You Offer? If you’re looking for a steadier stream of income or for a way to supplement your traditional hourly work, listen up and take notes!
#Harvest time tracking retainer how to#
Interested? Want to find out how to pitch a retainer contract to clients and make them work for you? The goal: make yourself available to a client in exchange for a predictable income, adding stability for both parties involved Just like traditional contracts may go away from a deadbeat client refusing to pay, a poorly-planned retainer agreement puts you in a position to be taken advantage of. Retainers can give you the financial freedom and stability you’ve been dreaming about… if you’re careful when setting them up. They also even out those stressful income fluctuations and enable you to take on other clients on your terms. Solid retainer agreements with your best clients allow you to plan your work well in advance. The key to handling this problem is to often look beyond traditional freelancing and diversify into different types of agreements – especially reoccurring income sources like products or retainer agreements. The “ feast or famine” problem can affect seasoned pros too.
This isn’t just a problem for new freelancers either. When you have bills that show up on a regular basis but work that only brings in money when it’s available (and after you’ve put in the time), things can get stressful in a hurry. A big obstacle that many freelancers face is a lack of consistency in their schedule.
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