Page 50 - 2021 Detective Startup Training CIDI
P. 50
2/23/2021
Contracts
- RETAINER AMOUNT / RATES
- DESCRIPTION OF HOW OR WHEN THE CONTRACT WILL TERMINATE OR MAY BE TERMINATED BY ONE
OR BOTH PARTIES
- STATEMENT INDICATING THAT THE CLIENT HAS THE RIGHT TO RECEIVE BOTH AN ORAL AND WRITTEN
REPORT
- A STATEMENT INDICATING THE NUMBER OF DAYS AFTER A CLIENT’S REQUEST BY WHICH A LICENSEE
MUST PROVIDE A WRITTEN REPORT TO THE CLIENT
- A COPY OF THE CONTRACT SHALL BE FURNISHED TO THE CLIENT
- Use of subcontractor's clause
- Confidentiality clause ( two sided)
- Credit card authorization clause – No Charge Backs
- Indemnification clause
- Governing law – County & State
- Signature lines
PI BUSINESS & MARKETING BASICS
JOHN MORRIS – EVCO INVESTIGATIONS
Pricing my Services
- What should I charge?
- How do I set my hourly rate?
- PROFIT IS NOT A DIRTY WORD!
- Profit is your businesses income less ALL expenses
- Do not undervalue or undersell your service
- Investigative work has the same general value for new investigators as seasoned investigators
- Standard hourly rates are $65.00 - $95.00 or higher for very specialized fields of work
- It takes 3 jobs at $25.00 to make as much revenue as $75.00
- Don’t sell by the hour
- Sell by the retainer
- Retainer should include everything you anticipate you need to complete the case
- Case Time, Travel Time, Research Time, Report Time, Video Time, Case Management Time,
Mileage & other expenses.
PI BUSINESS & MARKETING BASICS
JOHN MORRIS – EVCO INVESTIGATIONS
7
