Help

emilygaches5

Hi

I am coming to the end of my level 4 studies and would like to become a mip. I'm just looking for some advice from people who have been there and done it.

Any help would be much appreciated

Emily

Laura8192

If you search in this forum for "MIP setting up", "What to charge" or something similar, there are loads of threads about peoples experiences. I found this forum invaluable when completing my business plan and setting up and I still use the forum now.

One thing I have found (set up November 2012) is that clients are coming much slower than I thought they would, I advertised in the early days (waste of money - Word of mouth is the best advertisement you can get) I now have 10 clients, no where near enough to pay the bills so I am grateful I have a part time job as well.

My new lesson this week, is do not under quote! As I was so desperate for clients, I quoted really low for 4 new clients, I am now stuck doing their work for peanuts, and will have problems next year if I try and put my prices up. I have just done a new quote for a potential new client, and quoted back at "normal rates". It may mean I'll lose his business but at least I won't be working for peanuts!