Flat Fee Pricing
Flat fee pricing is a business model where a fixed, predetermined price is charged for a product or service, regardless of usage, time, or complexity involved. It provides clients with predictable costs and simplifies billing, often used in software development, consulting, and subscription services. This approach contrasts with variable pricing models like hourly rates or usage-based fees.
Developers should learn flat fee pricing to effectively structure project proposals, manage client expectations, and ensure profitability in fixed-scope contracts. It is particularly useful for well-defined projects with clear deliverables, such as building a website, developing a mobile app, or providing ongoing maintenance services, as it reduces billing disputes and encourages efficient work.