josraka.blogg.se - Hourly labor rate it consultion

#Hourly labor rate it consultion software#
#Hourly labor rate it consultion professional#

Advertising and costs for client services: You can deduct any costs spent on advertising of client acquisition, such as setting up a website, getting professional headshots done, travel expenses, dining expenses, and gifts used for business.

You can write off the costs of webinars, seminars, conferences, and professional certifications.

Career development: You can qualify for education tax credits if you’re attending a qualifying college program.

#Hourly labor rate it consultion software#

Operating expenses: These are expenses you must pay to run your business, such as rent, internet service, phone bills, utility bills, or software programs.Their depreciation can be deducted over time. Capital investments: These include purchases you make to get your consulting business up and running, such as computers or furniture, which can be capitalized.Self-employment tax deduction: You can deduct half of your self-employment tax each year, equivalent to what an employer’s portion would be.BCG/Bain/McKinsey/Deloitte/etc are masters at inspiring that confidence which is why their rates are so high. However, that also means that the consultant has to inspire the confidence that they can get it under control.

If you're dealing with a mission-critical system that costs you $100,000 per hour that it's down, then paying $1,000 per hour for someone to do it right is a no-brainer. Restaurants derive more foot traffic off Google Reviews than their own websites. They didn't want much and therefore wouldn't pay much because the return on investment for a website honestly isn't much for some of those places.

My budget rarely went over $4000 and the sites were templated enough that 20 hours was honestly doable. I used to make $200/hour doing Drupal development for really small outfits: tiny real estate agents, restaurants, etc. There are two massive factors impacting rates: sophistication of the buyer, and sophistication of the contractor. I've seen $600/hour rates for individual engineering work on mission-critical systems or high-revenue systems. (I, of course, cannot verify the truth of any of this. The fee for a tuning was rumored to be $250,000, and the witchdoctors then disappears back to one of his three homes in the Caribbean, or to some inaccessible mountain retreat. Vice-presidents tremble at their every whim. They show up for a week or less of a shutdown, tune the spinny bits to perfection, do it on schedule, every time. Making a new digital control system would require an unthinkable recertification from the NRC, and is a total no-go.Īnd so the US nuclear infrastructure relies on a handful of old, retired engineers known as "witchdoctors". Also the difference between a well tuned control system and a oldish one makes a lot of financial difference in the operation of the plant for the next two years. Hordes of fresh engineering graduates wielding Matlab has been broken by the challenge, resulting in dreaded shutdown overruns. Think PID loops, but built out of spinning metal.Īccording to the legends circulating around Sunday afternoon barbecues near my local power plant, these require super-human skill to tune. Since US plants are old, some of the control systems are purely mechanical. Not to mention you've got a billion and half dollars worth of power generation sitting idle while it's down. It's a crazy couple weeks, particularly since many outside technical crews brought in to work on the shutdown are already scheduled to go on to the next shutdown, and if the dates isn't hit, costs go sky high. Each US nuclear reactor has a planned shutdown every two years or so.