Read the six part series on creating a freelance business plan
 

Entries Categorized as 'Pricing'

Calculating Your Freelance Rates - Final Installment

Date February 19, 2008

In this last installment, I’m going to wrap up my series on freelance pricing techniques. Pricing, at least when you’re starting out, is more art than science.
It’s like planning a vacation itinerary in detail and, when you arrive, having to completely re-write it because things changed. The vacation isn’t ruined, it just changed. And so it […]

Calculating Your Freelance Rates - Part 3

Date February 15, 2008

The second question you should ask yourself is: What will my market bear?
Answering this question will often lead to wide and varied answers. You might think $65 per hour is good but what happens when you find out your biggest competitor charges $25 per hour? I see this happen time and again, even in highly […]

Calculating Your Freelance Rates - Part 2

Date February 13, 2008

The first question you need to ask when you’re trying to determine your rate is: What are you worth?
Not “net worth” more like “salary worth”. Determine what someone with your same skill level would make in a full-time, salaried position. The Web is full of sites that catalog salary levels, most notably Salary.com (www.salary.com).
Monster.com […]

Calculating Your Freelance Rates - Part 1

Date February 12, 2008

What do I charge? This question is as illusive as it is scary. Other questions that plague freelancers include: Am I asking enough for this type of job? Should I charge by the hour, or use a flat project fee? Is charging less for nonprofit work considered illegal? These questions are legitimate but really focus […]