BONUS: A sample letter you can send clients.
By Sandi Leyva and Michelle Long
The Ultimate Accounting Virtual Conference
When is the last time you increased your fees? Was it the past year, the past one to two years, over three years ... or never? If you haven't, you should.
How do you increase your fees?
Sometimes it’s a sticky situation but you should start setting a policy where you’re going to increase your fees on a regular basis, maybe every year or two. That allows you to avoid having large increases.
If you haven’t increased your rates for five years and you have to go up quite a bit at once that will be harder for the client, but once they get used to an annual or every other year increase and accept it then it’s easier to keep your fees.