Calculate what it cost you to produce your course offerings (time and materials) divide that by the minimum number of clients you believe you can sell your materials to and then subtract ten percent to 15 percent. That will give you a baseline to ensure you can at least break even. So what to charge for your development time?
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Although many consultants do have a minimum hourly rate that they use as a base ($40 to as high as $150 in my experience and I have competed against full course production houses that charge a lot more than that) and then develop the quote on top of that base.
course books, exercise books and reference material. Some courses may also include multimedia, interactive training modules and assessment tests. The first step when designing a course is to create a plan that defines the purpose of the course, and ties these elements together. Figure 1 – Example of a course outline Define course objectives ...
Jul 01, 2020 · The cost to achieve the condition players expect — or will tolerate — ranges from about $500,000 a year for a daily-fee course to $1,000,000 a …
Jun 06, 2017 · 4. Let’s start pricing. Now that you know why you want to do something, you understand the value to the client and you’ve thought about the context let's add you into this equation to set the price for your course. - Start with the lowest price you'd do the training for. I call this the resentment number.
Year | 1 hour of eLearning content costs, $ |
---|---|
2020 | 8,150 – 36,205 (22,178 on average) |
2019 | 7,830 – 37,365 (22,598 on average) |
Video editing software — There are very simple options, like EDpuzzle ($9.95/month), which help you edit lectures into online videos, and more advanced options, like Adobe Premiere Pro (starts at $20.99/month), which will help you create professional-grade movies.
Another reason to shy away from a video-heavy course, is the cost of production, which can be quite high. In-course videos can be extremely simple, with a lecturer standing in front of a camera, or they can be elaborate, with scenarios, props and more.
Even better, the benefits offered by online courses include increased student engagement, the opportunity for peer review and collaboration, and the promise of individualized attention , even in large classrooms. There are many reasons to embrace e-learning, ...
Just as you would need to create a curriculum and hire an instructor to teach an in-person course, you will need to create course materials and a lesson plan for an online one. You’ll either need to create the content yourself, have your staff do it, or hire someone else to do so.
The cost to achieve the condition players expect — or will tolerate — ranges from about $500,000 a year for a daily-fee course to $1,000,000 a year for a private club, estimates Bob Randquist, chief operating officer of the Golf Course Superintendent’s Association of America. But of course, it’s also about location, location, location. Hawaii is, on average, the most expensive state in which to maintain a course, at $1.44 million a year. That’s followed by tracks in the southwestern U.S., where the average yearly maintenance cost is $1.05 million. Because they have such a short season, courses in the north central states come in, on average, at a bargain $556,000.
How do private clubs, which carry a bigger tab, spend their money differently? More people and equipment. They might, for example, hire a horticulturist to handle the landscaping or a fleet of grounds-crew workers whose lone job is to fill fairway divots. Grooming the course of your dreams? That’s a dream-team scenario.
As golfers, we complain about the course. Miss a putt and we instinctively touch the green, tamping down a raised ball mark that only our eye can see. Hit it wide off the fairway and we’re likely to comment on the consistency of the rough. Patchy. Burned out. Trampled down. Even if we get to play a U.S. Open–level course like Winged Foot, where the rough is thick and pristine, we’re likely to complain that it’s too thick! And then there are bunkers, where golfers are apt to note that the sand is different from hole to hole. Send it flying over the green? Not a bad swing — no sand in the bunker!
The greens. They are the most essential element of any course, but because of labor and equipment they are also the most expensive things to maintain — even if some of our demands are a costly waste. Firm and fast is the golf standard for greens.
Every foot of green speed on a stimpmeter slows play by seven minutes per group .
1. Start with your motivation. It’s tempting to start with what you’re doing and the price but resist that temptation. There are many reasons you might want to offer a private workshop. Get clarity by asking yourself why you want do this training.
Technical trainers can often charge a higher premium than someone who offers training in other areas like say marketing or even leadership. Take into account the local area. If you live in a big, expensive city, the prices are going to be higher than if you live in a small town or suburban area.
You can have more than one goal but be careful — having too many goals can make pricing your course much harder as they compete with each other. 2. Understand the value from your client’s perspective. Here’s a common mistake: using your hourly rate for pricing.
Taking in or letting out a pair of pants or a skirt — the price depends on the lining. If the garments aren’t lined, then the price is about $15. If they are, then expect to charge about $20. Moreover, if there are any zippers involved, then it has to be more than that — about $25.
Wedding dresses — anywhere from $1000 up to $5000, depending on the design and the embellishments.
Still, the prices will depend on the type of alteration at hand. On average, these are the prices for the most basic changes anyone could ask for: 1 Restitching a frayed seam — $5 2 Shortening dress-shirt sleeves — about $19 3 Hemming a dress or a skirt — $10 to $14 4 Taking in or letting out a pair of pants or a skirt — the price depends on the lining. If the garments aren’t lined, then the price is about $15. If they are, then expect to charge about $20. Moreover, if there are any zippers involved, then it has to be more than that — about $25. 5 Button replacement — about 50 cents per each button. Also, moving a button would cost about $2. 6 Shortening pants — the prices will depend on the design of the pants. Usually, it is anywhere from $10 to $18. 7 Altering a leather jacket — about $75; if it just needs restitching, then about $25.
In general, a seamstress should charge at least $3 for each patch, but even that is not enough. This sort of sewing requires one to be quite precise, so extra effort is a must. Up to $10 is a good price if we are using a sewing machine.
Thus, we have to charge a lot for our sewing patterns. If the designs are simple, then anywhere from $150 to $250 would do. However, if the design is elaborate and it took us a long time to make it, then anything below $1000 is selling ourselves cheap.
Button replacement — about 50 cents per each button . Also, moving a button would cost about $2.
If we are working off a pre-made pattern, then we can charge for our skirt-sewing services about $35 if the skirt should have an elastic waistband. More structured designs will obviously cost more. In essence, the price should start at about $40 and go up as the designs get harder and the fabrics heavier.
Before you set a price, ensure you understand everything that the project entails. If you’re offering a 1-hour consulting session, consider the amount of prep work necessary and if your client will be able to send any post-consultation follow-up questions. These might seem like small additions, but they can start to add up quickly.
Setting your consultation fees is the best and worst part of running a consulting business. It’s the best because you get to decide your worth (not management or HR)—and it’s the worst because you likely hate talking money with your clients.
If a client accepts your rates as is, great! But, sometimes that doesn’t happen, and that’s okay. Guide the conversation into negotiation instead of turning down the project right away. And if you foresee further business with the client, try to be flexible.
Working “on retainer” means you receive a monthly fee for working a certain number of hours or performing routine tasks. Retainer fees can be wonderful for your consulting business as it’s income that you can rely on and plan for (a rare commodity in the freelancing world).
Charging by the project is more aligned with the value-based pricing model we’ve been discussing. Fixed fees create a more straightforward workflow (as you don’t have to be worried about tracking hours), but this structure can be tricky due to scope creep and the natural tendency to underestimate how long a job will take.
Your rates should change (preferably upwards) every year as you gain experience, build your portfolio, and prove your worth. Return to these steps as you scale your business.
The best way to determine your per-project rate is to figure out how many hours you estimate the job will take. You can make an educated guess based on your knowledge of the subject and how long it’s taken you to complete certain tasks in the past.
You will want to have a race course that gives runners a unique experience. This could mean a nice gentle downhill course , or perhaps conversely, a challenging uphill one, depending upon the demographic you want to cater to. Often runners want a route that is flat or gentle downhill, so if you want to draw more participants, it is ideal to avoid hills. If it is necessary for you to minimize expenses, you may want to have an out-and-back or a loop course to avoid the expense of transporting runners. You can use our FREE race map creator to figure out different course options, and look at the elevation chart change as you alter the route.
Keep in mind that the registration process is the most important part of your customer’s online experience. The online fees impact the total cost of running your event, so the lower the fees the better.
Sometimes you can do an email trade with another event (they email your runners if you can email their runners). There are limitless ways that you can advertise your running event. The most important thing to consider is who your main audience is and where or what is the best means of getting in front of them. The second most important thing is what message to present to this audience. You need to give them a message that is compelling and concise. You may want to create a press release about your new event, or if it is not new, make a press release about any changes you have for this year. It is wise to try to have your race listed on ever online race calendar you can find. Start by including your race on our calendar today .
Fewer pages in your registration process makes it easier to complete registration forms, and you will make more money. Online fees can vary widely among different providers. Compare top race registration providers rates, and benefits. If playback doesn't begin shortly, try restarting your device.
Runners prefer food on the route that can be eaten easily and digested quickly. If possible, try to include food in your finish area that is high in protein.
Spend some time contacting local businesses to see if they would be willing to provide products or services that might help improve the quality of your race. Some of these local businesses may even be willing to contribute money for your event sponsorship. It might be wise to make a marketing flier with tiered sponsorship levels that they can pay for. Some sponsors may be more likely to sponsor your race if you benefit a charity that they are connected to.
When planning your 5K it is important to consider your options for a location at which the race will be held, the characteristics of the course that you wish to have, whether or not you will implement a theme to your race, and if it will be associated with a charitable cause.