Choosing a Plan that works for you
MWW Advisors offers a range of flexible fee models designed to fit your organization's goals and budget. Each company has unique circumstances, and we are committed to structuring our services to meet your needs, demonstrating our adaptability to your specific situation.
When it comes to choosing a fee model, the decision is in your hands. Here are some factors to consider:
Our Approach
At MWW Advisors, we understand that every client is unique. Some prefer the predictability of fixed fees for budgeting, while others value the flexibility of our models. We deeply respect your preferences and work to ensure that our services align with your needs, making you feel valued and respected.
Nature of the Project
Large, complex projects often suit project-based or hybrid models, whereas advisory roles fit better in a retainer model.
Risk Tolerance
Performance-based and equity models involve higher risks but can offer greater rewards.
With that in mind, we offer:
Here's an in-depth breakdown of each consulting fee model, with additional insights into how they work, their pros and cons, and best practices for implementation.
Hourly Rate
MWW Advisors tracks the hours worked on a project and invoices you accordingly. We provide an estimate in advance and provide ongoing updates on the number of hours we spend on the project.
Daily Rate
MWW Advisors tracks the hours worked on a project and invoices you accordingly. We provide an estimate in advance and provide ongoing updates on the number of hours we spend on the project.
Project-Based
MWW Advisors determines a flat fee for completing a specific project or delivering pre-agreed outcomes. This model focuses on deliverables rather than time spent.
Retainer
The client pays a recurring fee (monthly, quarterly, etc.) for ongoing access to the consultant's services. We typically use this model for advisory or maintenance work.
Value-Based
MWW Advisors charges based on the value of their work to the client, often calculated as a percentage of expected revenue, cost savings, or other measurable benefits.
Performance-Based
MWW Advisors fees are contingent on achieving measurable results (e.g., increasing sales, cutting costs, or meeting KPIs).
Equity-Based
MWW Advisors accepts partial ownership (equity) in the client's business instead of or in addition to monetary fees. We often use this model when working with start-ups.
Hybrid Model
This model combines two or more pricing models, such as a base retainer with KPI incentives or hourly billing with a project-based cap.