Any one do consulting that could give me a very basic breakdown of how a project like this would be priced?
Thanks in advance!
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Mushroom Girl .
I have done it by first sitting down with owners.Getting his thoughts and ideas and finding out the type of concept he wants. Decor has a lot to do with it as does age of clientel, location, ethnics, financial abilities of patrons, type of local labor available. After this based on his needs I come up with a flat rate after telling him what I will do and how long I will devote to the task.I tell him this way no surprises you know what I am going to cost you based on what you want me to do. I try and desighn a menu so as having to deal with as few foods as possible ,and using them in many varied dishes. Unless a la minute (steaks etc) I try and set up everything banquet style, so it can go out quick.and is ready when they are and only needs a slight finishing.I only put on the menu what both he and I agree can be produced by the staff ,no matter how busy.. I have done it this way for many an operator andit works.Most of the places I have worked with are still in business after years, and with just a few changes. Luck has a lot to do with it to as does the right place and at the right time........
MOST OWNERS THINK THEY DON'T NEED A CONSULT
Not all franchises succeed if the demographics is wrong.
ED!
Your comments on capitalization really hit the mark! Most restaurants do fail to underfunding. They don't realize how much money they really need to not so much "succeed" in the first year, rather they don't want to admit how much money they will need to "survive" the first couple of years. That is where having the funding, training, support and expertise of a franchise really helps!
And Andrew,
I am sure you figured out what you need by now. But for those seeking this advice and not seeing the playout finished, it would be great to hear from you and find out what you decided and how it worked out!
I've done two consultings, both very different situations and both requiring different solutions. Everyone here was right as far I am concerned. The main point is be prepared to ask what is fair because alot people will think it is ridiculous what you ask, but even MORE are willing to pay for honest, fair, sound and experienced worthwhile advice.
You have to look at the job, estimate what it is going to take to do it right and proficiently (disregarding argument, the argument from the client is always going to be there). Make a fair and sound decision about YOU neeed to do and what can be done by the client. From there you can decide on what else it will take to ensure a successful job and charge accordingly! It's not cut and dry: there is no "it's a per job basis" and no "it's a per hour basis". Its a how can I benefit my client the most while making sure I am paid what I deserve!
A good middle ground to work from can range from 20-65+ dollars an hour! It depends if you are just making changes to menu, finding new avenues of revenue, training staff, researching POS systems. redesigning a kitchen.....get paid what you can reasonably feel what you are worth. If they don't want to pay you are either not reasonable or they are not....or you are going to NEGOTIATE!
Good luck even though it already happened!
Waiting to hear, tell us!
Enrico , ! don't know what state or city you are in , but a line cook here could make $20.00 an hour. Thats why I charge by the project 20 to 65 an hour is to cheap.
I've charged $100 an hour for consulting with a university. They were developing a local food cafeteria & wanted help.
Developing continuing consulting projects ie. those that happen annually is an interesting process. Keep in mind that the clients will refer back to what you've charged and want that same price again, and again, and again. So, low balling to get the initial gig is not a great way to go.
Detailing out expectations will be the meat of the agreement. If you both have an idea of what the job entails then there will be less chance of one of you being upset later down the road.