Here’s an idea: Your hourly freelance fee should be twice what it is right now. How do I know? Because most freelancers undercharge – and chances are, you are one of them. I mean it in the nicest way possible. The fact that you are undercharging is good news. It means that there’s a world of opportunity waiting for you. Think of ... Read More
Freelance Rates
5 Tips for Charging What Your Time is Worth
Starting a home-based business is exciting and rewarding. Exactly how rewarding it is up to you. When you work for an employer the costs associated with doing business are hidden. When you hang out your own shingle, it’s important to accurately account for overhead. Expenses like space, equipment, materials, and labor must be ... Read More
5 Signs It’s Time to Raise Your Service Rates
By Saskia Gregory I remember the moment I realized I was seriously undercharging for my services. The moment when, after years of quietly slogging away, I realized that if calculated how much I was being paid vs. how much time I spent working (including time spent on unpaid yet essential business tasks) that my hourly rate was ... Read More
What to Say When a Prospect Says Your Freelance Rate is Too High
It happens to all of us, freelancers. You are talking to someone who may hire you as a freelancer, and the subject gets to your pay rate. She asks, you answer. And she says it is “too high.” It doesn’t matter if you quote a project rate or an hourly rate. Doesn’t matter how much you preface the number with enticing results from ... Read More
Why Raising Your Prices Will Net You Better Clients
Divorce yourself from thinking about your own, or your competitors’ business for a minute. If you were looking to hire house cleaners and these were your two options -- what would you choose? $179 full home cleaning package from Maid Yourself at Home $29/hour, two-hour minimum from Maid Express Obviously, if you’re ... Read More
