Ariel Banos, expert in pricing strategy, presents in this article a key aspect to consider when quoting proposals for professional services.
"... In his book "Pricing Creativity", Blair Enns exemplifies the big differences there can be in the price of professional work, using the cases of some famous logos.
In 1971, in the early days of his company, Nike CEO Phil Knight paid a design student named Carolyn Davidson the sum of US$ 35 (about US$ 200 at today's values) to create the "swoosh" logo. We are talking about the mythical logo that still identifies the Nike brand today.
The competitive advantage of low costs of Central American companies and the possibility of making strategic alliances in Mexico and the U.S., are some of the opportunities that architectural services companies could take advantage of.
For the internationalization of this type of service, companies in the sector recognize some challenges and barriers such as the lack of information on internationalization of services, lack of knowledge on how to reach international clients, differences in design codes and applicable laws, and regulatory difficulties to internationalize plans, highlights an analysis prepared by the Costa Rican Foreign Trade Promoter (Procomer).
In Central America, nearly 5 million people are looking to purchase home services online, and 8% of these consumers are exploring options for contracting residential cleaning services.
The interactive information system developed by CentralAmericaData, monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated manner.
The Instituto Costarricense de Acueductos y Alcantarillados (Costa Rican Institute of Aqueducts and Sewers) will contract a consulting firm to carry out the studies of the projects of the sanitation program in priority areas of Gran Puntarenas, Tamarindo and El Coco-Sardinal.
Costa Rica Government Purchase 2019LI-000001-PRI:
"This contract covers the first third of the project's life cycle (pre-investment), i.e.
From April 24th to 26th 150 exporters of services will be gathering together in Costa Rica with international buyers from sectors such as audiovisual, global health, information and communication technologies, education, biotechnology and green technologies.
The event is being organized by Cinde and will take place at the Real Intercontinental Hotel, where business conferences will also be held in which interested companies can participate.
A US company dedicated to business consulting has announced the opening of a business services center in Managua.
Geo Strategy Partners, a US company working in the knowledge process outsourcing (KPO) sector, has started operations in Managua.
ProNicaragua reported that "... the company offers market research and strategy services through B2B (business to business) and B2C (business to consumer) marketing."
Clearly identifying the direct and indirect costs is the first step forward in the process of defining how much professionals should charge for their services when practicing independently.
Ariel Baños, Economist Founder of Fijaciondeprecios.com:
How much is my job worth?
A major challenge for those who work independently or freelance is to define the price of their services. Identifying key elements to take into account is the first step.
From March 15 to 16 more than 400 local and international companies in the service sector will be holding business meetings during the OUTSOURCE2LAC business forum in San Jose, Costa Rica.
From a statement issued by PROCOMER:
San Jose, March 3, 2017.The largest gathering of service companies based on knowledge of Latin America will be meeting in San Jose, Costa Rica, on March 15 and 16.OUTSOURCE2LAC is a business conference organized by the Inter-American Development Bank (IDB) and the Foreign Trade Promotion Office of Costa Rica (PROCOMER), which aims to share best practices and experiences of the sector and to promote the creation of opportunities for business and investment for SMEs in Latin America and the Caribbean.
In 2016 the Latin American forum that brings together over 500 companies from the service industry will be held in San Jose.
From a statement issued by the Ministry of Foreign Trade of Costa Rica:
San Jose, Costa Rica, November 26, 2015: The Ministry of Foreign Trade (COMEX), the Foreign Trade Promotion Office (PROCOMER) and the Costa Rican Coalition for Development Initiatives (CINDE), announced that the IDB has named Costa Rica as the host for 2016 for one of the most important events in Latin America for the corporate services industry: "OUTSOURCE2LAC". The decision was made official last week, during the fifth edition of the forum, held in Guadalajara, Mexico.
The Superintendency of Banks in Nicaragua is inviting consultancy companies to submit proposals for the Actualization of the Unique Guidebook of Accounts for each Supervised Industry.
The Superintendency of Banks and Other Financial Institutions in Nicaragua (SIBOIF by its initials in Spanish) is inviting national and international consultants to submit proposals to conduct the Actualization of the Unique Guidebook of Accounts for each Supervised Industry, based on international financial reporting standards and taking into account prudential rules and the laws in force.