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Fixed Price Agreements: Helping You Budget

At Green & Co we recognise the importance for all businesses of planning for the financial year using budgets. We operate a fixed price agreement system for the work we carry out for our clients. At the outset, we discuss with the client the services they and their business require from us, depending upon their own individual circumstances. A fee for the year’s work is then agreed in advance and a monthly payment plan is put in place. This ensures that the client is able include an accurate cost in their budgeted expenses and also spreads the cost of the work throughout the year, avoiding an unexpectedly large accountancy bill at the end of the year.

The choice of services required by the client is reviewable, so the client can perform an ongoing assessment of exactly which services they require from us. This means that additional services can be added to the fixed price agreement, or existing services removed should the client’s circumstances change.

If you would like more information on the various accountancy and tax-related services that Green & Co can provide you and your business with, please contact us.

Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.

Image courtesy of Nutdanai Apikhomboonwaroot at FreeDigitalPhotos.net

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