The fee-based model offers several advantages for both businesses and clients. Here are a few key reasons why firms might choose this approach:
Transparency: Clients know upfront how much they will be paying for the services, making it easier for them to budget and plan. Trust: Since the fee is fixed, clients can trust that the service provider's recommendations are not influenced by the potential to earn higher commissions. Simplicity: Billing becomes straightforward, as there is no need to calculate percentages or commissions. Focus on Service Quality: Service providers can focus on delivering high-quality services without the pressure of generating sales to earn commissions.