There are numerous ways to bill for your travel time. Here are some strategies other business professionals are using:
- “Don’t charge for airfare, lodging, rental cars or meals UNLESS it’s an unusual engagement where you will be on-site for days or weeks at a time.” –Greg Brooks of West Third Group
- “Submit an expense report to [your client] for mileage per trip. It is one of the conditions of the rate per consultation.” –Kevin Johnson of KEVIECO LLC
- “Work [out] the details during the pre contract negotiations…adding costs after they are closed can become an embarrassing issue.” –Andy Hamer of New Mindset Business Consultants
- “Do not charge for local – commuting travel, build it into your rates. Do not charge for commuting mileage either, but keep track for tax purposes. However, for out of town travel (travel in excess of two hours) you must negotiate that up front.” – Kathleen Schneibel (Entrepreneurial Accountant)
There are other ways to bill your travel time; however, the answers above are only a few suggestions by business professionals.
If you would like to see the discussion which sparked this blog post click here
If you have another strategy that I didn’t add above leave a comment and tell everyone how you bill for travel time… lets help each other out.
-Ashton Byrne, Marketing Coordinator at Quino Solutions Inc.
