MinuteDock Academy
A collection of articles and resources to help professional services businesses thrive.
Monthly Retainer Pricing: Finding a Fee That Fits the Work
Business
| 9 min read
A monthly retainer brings predictable income, but the workload can change. Explore how scope, capacity and actual hours can inform your next pricing conversation.
Continue reading→Free tools and templates
Calculators and spreadsheets for timesheets and invoices.
Templates
All templates →Tools
All tools →- 1 hr 45 min1.75
Minutes to decimal hours converter
Turn minutes into decimal hours and back, with a printable 1–60 minute chart.
Open the tool → - 105 min at $300$570
Billable hours calculator
Calculate time charges, compare billing increments and break annual billable-hour targets into daily goals.
Open the tool → - $120k pay, 60% billable$145/hr
Consulting rate calculator
Set an hourly or day rate from your target pay, business costs and billable hours.
Open the tool → - 47 min in tenths0.8
Billing increment chart
Look up billed hours at 6-, 10- or 15-minute increments. Compare rounding up with rounding to the nearest, or download the chart.
Open the tool →
All Articles
Business
Monthly Retainer Pricing: Finding a Fee That Fits the WorkHow Much to Charge for Bookkeeping Services: A Pricing Guide for BookkeepersHow to Start a Bookkeeping BusinessBillability and Billable Utilisation: Formula and BenchmarksBilling Increments Explained: 6, 10 and 15 MinutesAI Time Tracking Software for Accountants and BookkeepersTime and Billing Software for Lawyers: An Honest Comparison for Small FirmsHow Professional Services Teams Use Time Tracking in PracticeTime Tracking Best Practices for Professional ServicesHow to Decide Your Hourly Rate Without Underselling Yourself5 Methods for Tracking Budgets in Small BusinessesHow a Virtual Assistant Could Make Your Work Life EasierHow to Ask a Client for Payment Politely by EmailTime Management for Consultants: 7 Methods (and the Software That Makes Them Stick)The Capacity Trap: Why Small Firms Turn Away Work Even When They Aren't Fully UtilisedHow Small Firm Owners Become Their Own Bottleneck (and What Their Timesheets Reveal)Where Billable Hours Quietly Leak: A Small-Firm Guide to Cleaner Hand-OffsValue Pricing for Accounting Firms: The Case for Time TrackingHow Accounting Firms Can Measure (and Improve) Client ProfitabilityThe Power of Delegation: How to Delegate Tasks and Increase EfficiencyInvoicing Workflow for Accountants: From Time Entry to Client InvoiceRealization Rates for Accounting: What It Is, How to Calculate It, and How to Improve ItWhy Hybrid Work Can Lead to Lost Billable Hours in Small TeamsFlat Fee vs Hourly Billing: A Guide for Small Law PracticesAI Billing Ethics for Lawyers: How to Track and Bill AI-Assisted Work7 Accountants and Bookkeepers Share How Time Tracking Transformed Their PracticeHow Accounting Firms Can Stop Scope Creep from Silently Killing ProfitabilityThe Art of Accurate Billing: How Time Tracking Can Transform Your InvoicingAn Essential Guide to Time Tracking for Project ManagersHow To Track Billable Hours So Clients Actually Pay YouWhy Time Tracking Matters for Accountants: Boost Billable Hours and ProfitabilityHow to Keep Track of Invoices and PaymentsBillable vs Non-Billable Hours: A Complete Guide for Professional ServicesHow to Get Your Team to Actually Track Billable Hours (Without the Resistance)How to invoice for hours worked with the right level of detailWhy Your Time Tracking Solution Should Integrate with Accounting SoftwareA Guide to an Efficient Month-End CloseProject Budget Management: A Practical GuideEverything You Need to Know About Virtual BookkeepingJob Costing vs Process Costing: Differences & ExamplesTime Tracking For Software Developers: The What, Why and HowWhat to Include on a Service Invoice, With an Example6 Effective Methods For Managing Clients7 Things to Consider Before Working From HomeHow to fire a troublesome clientTop 7 causes of stress in the workplaceWhy you need to track time on fixed fee projects
Productivity
How to Spend Less Time Chasing Clients for DocumentsWhy the Same Work Keeps Coming Back: Reducing Rework in a Small Accounting FirmShould you measure productivity by hours worked or tasks completed?How Accounting Firms Reduce Write-Downs With Time TrackingEffective Team Meetings and Meeting Cadence for Small Professional Services FirmsWhy Your Hybrid Team Is Probably More Productive Than You ThinkBillable Hour Targets for Small Law Firms: Setting Realistic Goals Without BurnoutThe Real Cost of Late Time Entry: Why Reconstructed Timesheets Kill Law Firm RevenueRemote Employee Time Tracking for Professional Services5 Time Estimation Methods in Project ManagementFlexible Working Hours: Advantages and Disadvantages80-Hour Work Week Schedule and Survival ChecklistCollaboration vs Cooperation in the Workplace: Differences & similaritiesHow to Create a Simple Project Work Plan Template Within an HourTime Management for Accountants: Month-End, Client Juggling, and Utilization
Apps
What Software Do Accountants and Bookkeepers Use?5 Essential Types of Software Every Small Business Needs9 Benefits of Time Tracking for Accountants, Bookkeepers, and Lawyers (and How to Start)The Software Stack Your Accounting or Bookkeeping Practice Actually NeedsDoes QuickBooks Online Have Time Tracking? Built-In vs Integrated OptionsSoftware for Consultants: A Stack for Solo & Small FirmsHow to recommend the right apps for your clientsPicking the right time tracking software