Flat fee billing (alternative model)

Flat fee billing is a payment arrangement where a client pays a single, agreed-upon price for a specific service or project, regardless of how many hours or resources are used. This model provides cost predictability and transparency, allowing clients to know the exact amount upfront. It is often used for well-defined tasks like legal services, consulting, or creative projects. By contrast with hourly billing, flat fee billing ensures the client isn’t charged more if the work takes longer, and it aligns the provider’s incentives with completing the task efficiently.