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Subject: Re: [gislist] GIS Consulting Fees
Date:  04/27/2006 08:45:02 AM
From:  Muzrall, Daniel D.



I agree with Anthony, a finder's fee or percentage of the invoice would
likely scare people away. An alternative to that would be to get your
client to assign the task to your company, and you can then subcontract
it out to whatever GIS firm you would like. You then would get invoiced
by the subcontractor for services rendered, you then pass on your
invoiced cost plus your reasonable markup to your client.

Dan


-----Original Message-----
From: gislist-bounces@lists.geocomm.com
[mailto:gislist-bounces@lists.geocomm.com] On Behalf Of Anthony
Quartararo
Sent: Thursday, April 27, 2006 9:23 AM
To: 'Krishan Sharma': 'Steve'
Cc: gislist@lists.thinkburst.com
Subject: Re: [gislist] GIS Consulting Fees

If someone ever came to me and said " I want a finder's fee and a
percentage of every invoice you send the client for the term of the
contract" I would tell them to go "pound sand" and never do business
with that person again.
You get one or the other, and it is up to you to assess what is better
for you in the long term. Remember, there is a principle in the
real-estate market, that says "the value of a property is what someone
is willing to pay for it", so you can look at this problem and ask for a
healthy finder's fee, or a generous percentage for the term of the
contract, you risk leaving money on the table, or looking too greedy.
That's called "consulting" and its not always black and white, but, one
specific word of advice - if you hand off to another firm because most
of the work is really not in your area of expertise, go for the finder's
fee and make sure they remember you for future work: but, if the project
is in your area of expertise, but just too big for you to handle alone,
ask for a part in the project, a major part, and if that is not
available for whatever reasons, get a nice percentage but have it based
on total contract value AND all future related work, and make sure you
get paid monthly or quarterly, and get guaranteed access to the
accounting/contract invoices to ensure transparency. Cheers.


Best Regards,

Anthony Quartararo
Spatial NetWorks, Inc.


-----Original Message-----
From: gislist-bounces@lists.geocomm.com
[mailto:gislist-bounces@lists.geocomm.com] On Behalf Of Krishan Sharma
Sent: Wednesday, April 26, 2006 1:02 AM
To: Steve
Cc: gislist@lists.thinkburst.com
Subject: Re: [gislist] GIS Consulting Fees

On 4/25/06, Steve <steve95060@yahoo.com> wrote:
>
> Hello,
> Here is a question for GIS Consultants- what is the going rate or
> percentage fee when it comes to a "finders fee"- I have a large client

> who has a need- I find a large company that can build a custom
> application to fulfill my clients need. I have the large company sign

> an NDA, and put want to put my client in contact with the large
> company- Do I ask for a set fee from the large company if they do
> business with my client, or set up a percentage fee for the project?
>
> Thanks,
> Steve Laine
> Laine-Consulting
>
>
> ---------------------------------
> Yahoo! Mail goes everywhere you do. Get it on your phone.
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>
> _________________________________
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> The GeoCommunity
> http://www.geocomm.com/
>



--

Hi, Steve,

Yes you must ask for both, first finders fee and the percentage on the
net invoice billing not on profit, I'm going through this exercises
everyday.
call me any time.


Thanks & regards,
*********************
With best wishes,
Krishan Sharma, Ph.D. (USA)
www.gisextechnologies.com
Mobile: 987-029-4791

" My Excellence You Can Map"
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