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 […]
5 Tips for Charging What Your Time is Worth
By Patricia Ryan Thomas Starting a home-based business is exciting and rewarding. Exactly how rewarding 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 […]
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 […]