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2012
28
Aug

 

This guide by Deskmag.com gives some really great advice on how to negotiate your contract as a freelancer. Setting your rates as a freelancer can be a tough decision. Ultimately, you have to determine what your work is worth. How much do you need to cover your overhead costs and make a little profit? What is your client willing to pay? Pricing can really be a challenge for freelancers as it can make or break a deal. However, there are some basic factors that influence your rate including:

  • time – How long will the project take? How busy are you with other work?
  • costs – How much are the costs for tools and equipment to complete the project? Will you incur travel expenses? How about healthcare insurance bills, vacation savings, pension payments and taxes?
  • skill level – How experienced are you on these types of projects?
  • type of client - How well do you know the client? How valuable is the client / project to you? How likely are you to get future work from them?
  • industry standards – How high is the market demand for your type of work?

These are just some of the questions you can ask when determining prices for your work as a freelancer – surely there are many more. Nevertheless, this guide to pricing gives some good tips on how to approach the task.

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