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Fee and Expense Policy
- There is no charge for the Initial Discussion. (This
Discussion is to discuss the Client, its situation and
problems, and how it can be helped.)
- There is no retainer fee, and no work is done on credit.
The Client makes an initial reimbursable advance, against
which periodic charges are made for work which has been
actually performed. Any unused portion of the advance
is returned. If and when the initial advance has been
expended, the Client then makes an additional advance
if more work is to be done.
- There are no high or arbitrary "consultant" fee schedules.
Time is billed on a fair and reasonable basis based upon
appropriate values for professional executive time (salary,
overhead, fringe benefits, and risks). Time charges are
on an hourly, daily, or weekly basis.
- When appropriate, part of the compensation is based
upon successful completion of the designated work. Incentive
fees, stock options, and/or other arrangements are structured
in relation to profitability, sales growth, and other
measures. The Client is also expected, but not required,
to pay a Success Bonus upon completion of all of the work.
This recognizes the huge potential financial and other
benefits that the Client and its principals can receive
from the work done on their behalf.
- The Client reimburses reasonable direct expenditures
made on its behalf, but not indirect expenses or overhead.
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