Consultant Fee Calculator
Consulting fees should reflect expertise, preparation, diagnosis, meetings, implementation support, revisions, risk, and the value of the business outcome. A pure hourly model can underprice senior advisory work.
Consulting fee = estimated billable work plus preparation and admin time, multiplied by rate, then adjusted for risk, urgency, and value.
Hourly, daily, or project fee?
Hourly pricing is easy to explain, daily pricing is easier for workshops, and project pricing works when the scope and result are clear. The calculator helps you find the minimum rate you need before deciding how to package it.
Pricing note
If the engagement creates large business value, do not anchor only to hours. Use the calculator to protect your floor, then price the offer based on risk, expertise, and outcome.