This model is predictable and reliable, as anything beyond the pre-discussed budget is literally ‘problems of the service provider’. Costs do not rise due to newly emerged factors, yet such processes still lack a touch of flexibility up-to-date applications may require. Due to possible risks service providers obligate to, this business model may be slightly more expensive in terms of particular, risky pieces of the project.
If you are fully aware on what exact solution you require, you have invested time and resources into analyzing the market and harvesting feedback from potential users; you know the exact amount of money you are willing to invest as well as the time when you will require the solution – a Fixed Cost model of cooperation is exactly what you need.
Hard to choose between Fixed Cost, a Dedicated Team and the Time and Material model? Click the button below to find out which one would fit your business goals in the best possible manner, Answer a list of questions and we will advise you on the Business Model perfect in your particular case.