2 Types of Consulting Retainers and How to Use Them Effectively 

Our service contract has always included an initial deposit or mobilization fee with periodic installments for a percentage of completion or an official notice to proceed. We have added the retainer concept, applying this option more recently to our productized services. Great explanation. Easy to understand.

Very helpful! I would love to see model agreements for each type of arrangement.

Thanks Mike.. This has helped me a lot in my business..

Fantastic, bottom line and very helpful video! I have left employment as a physician for a fortune 500 company now entering into consulting arrangements with them. I’ve already established my worth and therefore retainer for access approach makes sense. But my question is can you hybridize the two with a “up to certain amount of hours” access retainer and everything over and above that charged hourly. Reasonable possibility or bad idea?

great video! couldnt agree more! I am a web developer / seo consultant and my best client is on "pay for access" model. He doesnt pay me much ..... BUT HE KEEPS PAYING ME FOR 5 YEARS or so and I do ... NOTHING now

Very helpful, thanks so much.

Really good explanation

Thank you. Your presentation was very informative.

This was very helpful. Thank you.

thanks for the video, it make to clarify what @Danlok mentioned on another video about the retainer

This was so helpful. Thank you for sharing your knowledge :)

Thanks for the info. I really needed it.

Very helpful

thank you

Hi guys, I wonder what kind of consulting gigs you guys are doing to generate like 5000 $ a month per client? Thanks!