Wednesday, December 22nd, 2021
More About Raising Fees
“Price is what you pay. Value is what you get.” – Warren Buffett
I wrote about firms increasing fees on December 9, 2021. The blog post shared one firm’s letter about the increase in fees.
Since then, I have heard from many more firms about increasing fees. 20% is not something unusual.
I hope you are discussing this among your partners and notifying clients appropriately. You can see an example of a fee increase email to clients in the December 9th post.
- "The moment you make a mistake in pricing, you're eating into your reputation or your profits."
