I hire freelancers by flat rate and I recommend contractors to bill flat rate too.So let's say you are hiring a freelancer to fix something in your business. I'm curious how do you think about following situations. I'm especially interested in American or Central European people. I'm asking because I'm probably miscommunicating during initial LinkedIn conversations, but just want to be sure.
1. Let's say we talked for some time, and you ask me am I available right now. I say I'm available full time for 1 month, and my hourly rate is X EUR, total amount will be calculated at the end of the month where I will send you invoice and list of where the time was spent. When you do napkin math to get total amount, how many hours you assume I will bill you?
2. I say I'm a contractor, do you have any assumptions about how many hours or for how long can I be engaged for on your project?
Detach yourself from hours as business owner to eliminate financial risk as well force yourself to put a $ value on what you need done - gut check.
Detach yourself from hours as a contractor to actually scale and value your abilities better. Folks have mental roadblocks when it comes to what to pay others per hour but if you are solving a problem they think differently.