I am starting an at home bookkeeping service and wanted a bit more guidance on pricing. I have done lots of research into different pricing methods i.e hourly, fixed, per transaction. In regards to fixed, I have no idea how to base it on but I guess that would come with time. Doing it on a transaction basis doesn't make sense to me as it can add more work and get very complicated depending on the transactions, so I am leaning towards an hourly rate. I understand bookkeepers charge between £15-£30 per hour and I have used a tool to work out a suitable hourly rate to cover my cost but is also at the level I am currently at.
I am just curious to know if any one can share a method or tool used to determine their price, and whether it was fixed or hourly?
Thank you very much for your time.