Bids can be used to calculate a suitable price to charge your client (“revenue”), as well as an approximate cost to you for providing the services, before any allocation of resources begins.
Cost estimation is achieved using our 3 Tier system of average buy-rates where:
- Tier 1 = Junior
- Tier 2 = Mid
- Tier 3 = Freelance / Senior
By comparing the cost to the revenue, you are able to see what the expected profit margin is on your Project well before work begins. See the Rate-card Services, and in particular, the 3-Tiers sections for more information.
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