
Who carries the risk when you hire a consultant?
You hire a consultant because you have a problem to solve, and the proposal that arrives almost always says the same thing: a rate per hour. You did not choose that, and it is the one arrangement where the consultant carries no risk at all. There are four ways a consultant can be paid, and for you they run from maximum risk down to almost none, each step of safety with its price. Here is how to read your next proposal by the only question that matters: who carries the risk.
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