Invoice markup %
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- sublocked
To all creatives and agencies who use markup % on your invoices...a show of hands please.
How many of you show markup % on hourly costs to your clients?
How many of you show markup % on rebillable expenses to your clients?
Thanks :)
- PonyBoy0
I list the hours and the cost per hour and include expenses if there were any...
... outside of that... my %'s aren't your damned business. :)
- gramme0
I charge what I think my time is worth, no more. Same for vendors. I usually prefer that they bill my clients directly (photographers, illustrators, printers, programmers, etc.), but if they insist on billing me instead, I simply pass the expense as is on to my clients. I've never understood the ethics of mark-up in such cases.
- sublocked0
^ From my communication with different people it seems that smaller organizations / freelancers don't mess with markup %. The larger agencies usually are the ones who seem to be using it.
Makes sense, since there's more overhead in those type of operations.
- Amicus0
It never makes sense to tell your clients how much you are making, or how much it costs to do it.
- jamble0
Why would you show a client how much you're charging them to do nothing extra? By all means mark up your time but don't tell/show them figures.
- CheDouglas0
Printing markup 25% (a print management and handling of out-of-pocket expenses fee.. be transparent about it before engaging) if the client doesn't have to find printers, source quotes etc... it is a bonus for them. Plus generally printers give designers a trade discount which is roughly 15%... the extra 10% the client pays you is well worth the time it has taken you to setup various printer relationships, understand which one is best for which job blah blah and I can go on.
Other external contractors such as copy-writing, photography I get to bill separately.
If photography involves art direction charge for it in your bill.. that kind of thing.
when we have freelance developers or similar working in house it is easy for them to do a fixed quote on the entire job (presuming it is scoped correctly) and then markup their costs in your cost proposal and bill to whatever you like--as a rule at least double. You don't need to show this in my opinion.
- MrT0
I think you should send this question to istock ...
- olli1010
Usually 25-30% but it depends on the client and how the rate card was negotiated. We don't share this information with the client and usually know we'll have to negotiate down, so we'll topload it first.
If it's a difficult client, we'll mark it up more on the account and creative sides. Usually, we'll end up breaking even that way.
- randommail0
What the fuck is a markup on your own service fees?