When should I use fixed or variable fees?
An example of an AI chatbot conversation about choosing between fixed and variable fees.
Can you explain when I should use fixed fees instead of variable fees?
Sure! Fixed fees are great for predictable costs, while variable fees are better for fluctuating expenses.
What are the advantages of using fixed fees?
Fixed fees provide clarity and stability, making budgeting easier for both parties.
Are there any downsides to fixed fees?
Yes, if costs exceed the fixed fee, the service provider may lose out on potential earnings.
How about variable fees? When are they more beneficial?
Variable fees are beneficial when costs can vary significantly, allowing for flexibility in pricing.
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