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Agency Margins

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    #11
    Originally posted by Hockeynut View Post
    In the back of my mind I don't want to hack the agent off so much that it might affect my last month's invoice which comes soon!

    .
    You will never ever hack an agent off. They may say all sort of things but if they can make money off you they will be your friend. Trust me on that one.

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      #12
      Originally posted by Hockeynut View Post
      Thank you for all the responses. I am fully prepared to go, because I do have another offer. In the back of my mind I don't want to hack the agent off so much that it might affect my last month's invoice which comes soon!

      And yes Malvio, I understand they still have the same fixed overheads, invoice processing, payment risk etc. That's why I was asking on here. On the surface of it to me, it looks like a massive margin, but I simply don't know, which is why I asked.

      I was considering pushing him to £250, take it or leave it.
      Go for it. All I'm doing is making sure you understand their side, so you understand the opposition. That Sun Tzu bloke got it right some time ago...
      Blog? What blog...?

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        #13
        Originally posted by malvolio View Post
        Whoop di doo... It was a different world then.
        For the crap contractors that are going around now yes. Not the good ones...

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          #14
          Originally posted by malvolio View Post
          Go for it. All I'm doing is making sure you understand their side, so you understand the opposition. That Sun Tzu bloke got it right some time ago...
          Keep your friends close but your enemies closer?

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            #15
            Given that I have little to lose, how much is realistic to push for, but still leave the agent willing to do it.....

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              #16
              Originally posted by Hockeynut View Post
              Given that I have little to lose, how much is realistic to push for, but still leave the agent willing to do it.....
              Only you will know that. Are you so key you are willing to go beyond 300? The fact you are on here, and prob lack the confidence to go the whole way, stick to 250. That way the agency still get a good margin and won't push you too hard... then learn for the next time.

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                #17
                Originally posted by Jeebo72 View Post
                Only you will know that. Are you so key you are willing to go beyond 300? The fact you are on here, and prob lack the confidence to go the whole way, stick to 250. That way the agency still get a good margin and won't push you too hard... then learn for the next time.
                No, I don't want my cost to the client to go up, so I wouldn't go beyond £300, it was more a case of whether £260+ would make the margin too slim for a agent, plus I've been told I could have a 6 month renewal, not just 3 months.

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                  #18
                  Originally posted by Hockeynut View Post
                  No, I don't want my cost to the client to go up, so I wouldn't go beyond £300, it was more a case of whether £260+ would make the margin too slim for a agent, plus I've been told I could have a 6 month renewal, not just 3 months.
                  I had an agent take 0% to keep the client happy, I also know a friend who had the agent add £15 a day above what the client was paying, again to ensure he stayed and keep the client happy. You're not there yet, but they will be more than happy to make £40 a day from you. They will be more happy to make £100 a day from you so will try everything in their power to be closer to 100!

                  Let us know how it goes!

                  J

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                    #19
                    Originally posted by malvolio View Post
                    And opting in or out has nothing to do wth it.
                    That's the other thing, I'd like to opt in..... They convinced me it was all about IR35. But from what I've read on here it's more about them having to pay me, regardless of whether the client pays them?

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                      #20
                      Originally posted by Hockeynut View Post
                      That's the other thing, I'd like to opt in..... They convinced me it was all about IR35. But from what I've read on here it's more about them having to pay me, regardless of whether the client pays them?
                      Just get weekly payment terms and relax...

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