I charged by the hour for years, then switched to fixed project rates last quarter
I always thought hourly was safe, you know, you get paid for every minute. But last quarter I took on two similar website builds, one at $75 an hour and one for a flat $3,500. The flat rate project forced me to plan everything upfront, set clear limits, and actually made me more efficient because I wasn't watching the clock. The hourly job dragged on for almost 90 hours with constant small changes from the client, and I felt guilty every time I billed. With the fixed price, I finished in 45 focused hours, the client was happy with the set scope, and I made way more per hour of my actual time. The difference was having a solid contract that listed exactly what was included. Has anyone else made this switch and found a good way to estimate those project prices without undercutting yourself?