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Freelance Pricing Strategies: How to Set Your Hourly Rates and Fees for Your Home-Business Services : Deciding To Charge by Hour or to Quote By Project

Collections & Getting Your Customers to Pay on Time

Freelance Finances

 

SPOTLIGHT CONSULTANTS FROM OUR FREELANCE COMMUNITY

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Small Business Pricing: Setting A Price For Your Product / Service - The need for good proposals - the business kind, not the marriage kind - struck me again a couple of days ago, when I received a poor proposal.

Creating More Successful Proposals - Price is a key part of marketing. Setting prices is called pricing.

Small Business Pricing Strategies - How should you price to raise your sales

10 Effective Ways To Reduce Your Business Costs - A list of 10 Effective Ways To Reduce Your Business Costs

Cutting Costs can significantly increase your income - As a work at home Mother, I know the value of a deal. Any smart business person knows that the best way to make money is to SAVE money.

How to Eliminate Objections to Price - Have you ever stepped your way through the sales process only to be disappointed by your prospect's objection to your price? This situation unfolds all too regularly for many small business owners.

Freelance Pricing Part 3 - Quoting To Win! - Some people call it a bid and others call it a quote or proposal. But no matter what you call this process, make sure that the document is concise, powerful, and easy to understand.

Pricing Your Projects Part 2- Determining how much to charge for your services is often one of the biggest challenges for a new freelancer. If you charge too much you won't get hired and if you charge too little you'll starve. Take the time to read this article and you will figure out what you need to charge to thrive.

Contracting: Flat Fee or Hourly Rates? - Recommends that technical writers working as independent contractors quote flat fees for projects instead of hourly rates.

Overcoming Objections to Price - How much more could you earn if your prospects didn't object to your prices? You'd close more sales and be more successful.

Setting Your Freelance Rates - If you're even thinking about branching out into the freelance world, you've undoubtedly wondered what you should charge. This is one of the most difficult tasks a freelancer can face.

Payment Upon Persistance - Charge Flat Fee by Project, Quote by Hour, By Day, By Word, etc. - Before you consider taking a freelance writing job, or even applying for one, it’s best to know what you’re getting yourself into. For instance, is the payment per project, or per word?

How Do You Know Your Clients Can't Pay More? - "My clients can't afford higher rates." When more than 330 business owners and self-employed professionals checked off reasons why their income was not going through the roof, this statement was chosen more often than any other.

Raising Your Rates Can *Increase* Your Business At some point, the "conversation" always turns to price. That’s where I find a lot of online business people making their mistakes.

Setting Your Hourly Rates - Determining how much to charge for your services is often one of the biggest challenges for a new freelancer. If you are a new freelancer, you have probably searched the Internet trying to look for average rates of professionals in your field.

Quotes and Fees - Explanation of different types of freelance quotes and fees - Informaton on Flat Fees, Based upon time estimate, Excellent work, Performed quickly, and Competitive rates.

When Clients Don't Pay, Pay Late, and Other Anomalies of Freelancing, It's something that freelance writers don't like to talk about or hear about, but it happens more often than we like to admit.

How Do You Set Consulting Fees? The ways of billing clients are numerous. There are hourly rates, by-the-job fixed rates, contingency or performance arrangements, flat fee plus expenses, daily fee plus expenses, and many other methods of charging for your consulting services. Which one is best?

How To Use Leverage to Negotiate - Learning how to negotiate can help you to win projects and to get the rates that you are qualified for.

Pricing Your Service or Product : Things to Ponder Part 2 - Life is all about making choices and growing. The same hold true with pricing your product or service.

Pricing Your Service or Product : Things to Ponder - Part 1 of 2" How does someone price a product or service?"

Top 3 Secrets to More Billable Time - As self-employed professionals, were in business to make money doing what we love. And that means we need enough billable hours to cover our expenses, our salary, upgrades in our skills and technology, and our profit.

Setting Your Hourly Rates - Determining how much to charge for your services is often one of the biggest challenges for a new freelancer. If you are a new freelancer, you have probably searched the Internet trying to look for average rates of professionals in your field.

Track those billable hours! Keeping track of your hours in a time sheet is the best way to go if you need these reports. But even if it is not required by your customer it can be very useful to track your hours for multiple reasons

When Clients Don't Pay...Pay Late...and Other Anomalies of Freelancing It's something that freelance writers don't like to talk about or hear about, but it happens more often than we like to admit.

Pricing Your Services or Products - Things to Ponder Part 2- Life is all about making choices and growing. The same hold true with pricing your product or service.

Cracking the Billable Hours Ceiling While you could certainly name the economy or inadequate marketing as the culprit, I'd like to suggest a third alternative. It may be the constraints of the billable hours model that keep you from your financial goals.

Track those billable hours! Keeping track of your hours in a time sheet is the best way to go if you need these reports. But even if it is not required by your customer it can be very useful to track your hours for multiple reasons

Freelance Pricing Part 3 - Quoting To Win! - Some people call it a bid and others call it a quote or proposal. But no matter what you call this process, make sure that the document is concise, powerful, and easy to understand.

Pricing Your Projects Part 2- Determining how much to charge for your services is often one of the biggest challenges for a new freelancer. If you charge too much you won't get hired and if you charge too little you'll starve. Take the time to read this article and you will figure out what you need to charge to thrive.

When Clients Don't Pay or Pay Late It's something that freelance writers don't like to talk about or hear about, but it happens more often than we like to admit.

Pricing Your Projects Determining how much to charge for your services is often one of the biggest challenges for a new freelancer. If you charge too much you won't get hired and if you charge too little you'll starve.

Collect Your Money - On Time! Most SOHO and small business owners don't have the financial resources to wait for their customers to pay them. The inability to collect money in a timely manner is a leading reason for small business failures.

Cracking the Billable Hours Ceiling While you could certainly name the economy or inadequate marketing as the culprit, I'd like to suggest a third alternative. It may be the constraints of the billable hours model that keep you from your financial goals

Pricing Your Service or Product : Things to Ponder Part 2 - Life is all about making choices and growing. The same hold true with pricing your product or service.

Get Your Money - Getting paid is the single most important aspect of being a freelancer, so make sure that you take your time and do things right. There are many strategies to deal with delinquent clients, but there are also many precautionary measures that you should take when initiating a relationship with your client.

Don't Fight a Cheapest Price War As a business owner, you want people to spend money on your business rather they go and shop at other places. Because of the e-commerce boom, shoppers have too many choices these days.

Getting Paid ... Minimizing Bad Debts in Your Home Business In this article we consider whether you should extend credit and, if so, what processes you should implement to maximize your chances of getting paid.

Freelancing in the Web World (HotWired)Freelancing is the adult version of running away to join the circus. And it's only a matter of time before you start hearing the siren call.

Thinking About Starting a Work from Home Business - Or doing some Freelance Work? (Womans-Work.com) Here are some things to think about when setting your rates

How to Set Rates FAQ (hwg.org)the purpose of this FAQ is to provide you with a number of ways to arrive at your rates, and to do so without once running afoul of Guild policies or discussing the actual rates of any particular web developer

How to Successfully Raise Your Rates (BrennerBooks)The world's best source of actual prices and pricing-related information for the desktop professional 

Human Resources ManagementJob Pricing

Make a Cost & Overhead Analyzer (BrennerBooks)The world's best source of actual prices and pricing-related information for the desktop professional

Real Prices (BrennerBooks)Here are more REAL PRICES. This section is designed to compliment the 1999 Regional Pricing Tables reference book.

Putting A Price On Your Capabilities: How To Set Your Fees As A Freelance Writer (WriteDirection.com) - More than once I've received e-mails from other independent writers asking about fees. In addition, I've entered online forums for freelancers and often seen numerous messages posted about the same topic. Usually, the query comes from someone who is just starting out with his/her own business and is in a quandary about what's acceptable. This report is a result of those requests for information.

How Much to Charge? - (CT.Monster.com) -Going into business for yourself? Consider these important factors when setting your fees as a contractor.

Pricing and Estimating - How to Set Hourly and Flat Fees (About.com) - Use these steps to develop a realistic hourly rate and then learn how to use an hourly rate to develop project or flat fees for desktop publishing.

Get Paid On Time (Entrepreneur.com) - Follow these tips on invoicing and collection procedures so you can get what you deserve--your payment.

Setting Your Freelance Rates (About.com) - If you're even thinking about branching out into the freelance world, you've undoubtedly wondered what you should charge. This is one of the most difficult tasks a freelancer can face.

Setting Rates (wfwbooks.com) - Setting Rates article is for editorial freelancers, but useful for publishers to read

The Freelancer's Guide to Billing - Charge by the Hour or by the Project? (r144.com) - For many freelancers, setting rates is one of the most difficult things they do. Setting the right rates isn't a new dilemma; it's been a problem since the beginning of time. How do you estimate how long a job will take? How do you decide the rate to charge, and if it should be hourly, or by the project? These are problems that all professionals wrestle with on a daily basis.

Calculating the Cost to Meet (Brenner Books) - Figure out just how much it costs to go out and meet with clients and prospects. Brenner Books.

Putting A Price On Your Capabilities (DabblingMum.com) - How to set your fees as a freelance writer.

Freelance - Setting and Raising Your Rates (businessknowledgesource.com) - "How much do you charge?" If ever a question was designed to bring up all your issues around confidence and self-esteem, "How much do you charge?" is the one.

Desktop Services Pricing (Brenner Books) - Overview of how Robert C. Brenner developed and conducted pricing surveys and some desktop publishing specific results from 1995-1998.

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Collections & Getting Your Customers to Pay on Time

Freelance Finances

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Articles from the ALL FREELANCE ARTICLES & RESOURCES BLOG Add to Technorati Favorites

How to Build a Strong Relationship with Your Customers - A Guide to Customer Relationships for Freelancers & Self EmployedOne of the best ways to run a good business as well as keep the clients which you currently have is to build a strong relationship with your clients. Everyone likes to feel appreciated and this is true for those who have a business relationship. The clients want to feel as if they matter to the business owner as they are part of the reason why the business is still in existence. There are a few ways for business owners to build a strong relationship with their customers as doing so will not only maintain their client base but possibly expand it as well through recommendations.

Mar 31

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Category: Client Relationships - Client Referrals | Trackback | No Comments »

SPOTLIGHT CONSULTANTS FROM OUR FREELANCE COMMUNITY

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    Billing Orchard Invoicing and Billing for Freelancers
Billing Orchard - Billing and Invoicing Software for Freelancers Billing Orchard's Invoicing for Freelancers

A complete, secure, online billing application that maintains hourly service billing, flat fee billing and recurring charges. Integration with Authorize.Net and other leading payment gateways provides hands-free recurring billing with a sophisticated CRM system.

Mar 26

Free Online Business Courses, Workshops, and Seminars for Freelancers

If you feel like you are just going through the motions, and that you have no idea whether or not you are running your business properly, then you will be happy to know that there are many free small business courses, workshops, and seminars online. Below you will find a large list of these free educational courses.

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Category: Lists - Freelance Resources - Education & Online Courses & Seminars | Trackback | No Comments »

Mar 25

MARKETING PLANS : List of Marketing Plan Tools, Utilities, Samples, Kits, and Software

A freelancer developing an effective marketing plan must have the right tools to foster success in business. The following list contains several links of marketing plan tools to produce a successful business.

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Category: Working From Home - Getting Started - Self Promotion - Freelancing & Self Employment - Lists - Freelance Resources - Marketing | Trackback | No Comments »

Mar 20

MARKETING PLANS : A Collection of Articles for How to Outline and Write a Marketing Plan for Freelancers Starting a Home Business or a Small Business

A solid, well-prepared marketing strategy is the foundation of success in business. The freelancer or any type of business owner must become informed on the development of an effective marketing plan. The following links will focus on marketing plan articles for the freelancer to have a successful business.

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Category: Getting Started - Self Promotion - Marketing | Trackback | No Comments »

Mar 18

BUSINESS PLANS: Business Plan Examples, Samples, Templates, Software and Tools

In any type of the business including those people that perform freelance work, the proper tools are necessary to become a success. The following links consist of selected online tools for the freelancer to develop an effective business plan.

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Category: Getting Started - Freelancing & Self Employment - Lists - Freelance Resources | Trackback | No Comments »

Mar 16

BUSINESS PLANS : A Collection of Articles for How to Outline and Write a Business Plan for Freelancers Starting a Small Business

Business plans are necessary in all types of businesses … and this also includes freelancers. Writing an effective business plan will help you plan out the success of your future business. Factors such as customer base, profit potential, as well as many other factors will be placed in this document. The business plan will help you, the freelancer, think through every aspect of your future successful business. We found the following business plan articles to be very helpful and we hope that you will find them to be useful too.

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Category: Getting Started - Lists | Trackback | No Comments »

Mar 11

Online Tools and Software for Task Lists and To Do Lists - Perfect for Freelancers & Self Employed Business Owners

A freelancer’s time is precious and he/she must follow precise tasks to maintain productive performance and income. The following link list will examine useful online tools that will keep the freelancer in a productive manner. The following list is a list of To-Do Lists and Task Management Lists tools and software.

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Category: Freelance Projects - Staying Organized - Time Management - Freelance Resources | Trackback | 1 Comment »

Mar 9

How to Invoice Your Customers Properly : A List of Online Guides on Invoicing for Freelancers

In a previous list, the freelancer was presented with a list of tools for creating invoices. The following links will present the manner and methods in which to develop a proper invoice for the freelancer of any business type. With the following helpful guides and tutorials, you as a consultant will understand the steps that you will need to take in order to invoice your customers properly.

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Category: Freelance Finances | Trackback | No Comments »

Mar 4

Invoicing & Billing Tools / Software for Freelancers Needing Help with Invoices

The Invoice is an important part of any type of business out there, including for the freelancer as well. The basic definition of an invoice is a detailed list of goods shipped or services rendered with an accounting of all costs included in the document. As a freelancer, we might not feel comfortable dealing with invoices or money in general. The links below offer a vast variety of online invoicing and billing tools for the freelancer in all business types.

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Category: Taxes - Freelance Finances - Staying Organized - Lists - Freelance Resources | Trackback | 1 Comment »

Feb 25

How to Defeat Writer’s Block - Tips & Hints to Overcome Writer’s Block

Helpful hints and tips to overcome the dreaded White Page Syndrome - There is probably nothing more dreadful and problematic for a writer than not being able to get going, being stuck on a menacingly white page. Many a time, one or more writing assignment make us feel like Jack Nicholson in “The Shining”; one step shy of freezing to death in a haunted hedge maze. Once the choke has started its nefarious effect, it becomes quicksand, drowning us further and further into an inability to come up with something to properly put down on paper.

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Category: Lists - Freelance Writing Tips | Trackback | 1 Comment »

Feb 19

Ways to Get More Customer Referrals for Your Freelance Business

In the world of freelance, customer referrals are everything. The amount of customer referrals will often determine how successful one’s business can really be. As word spreads quickly, having customers refer others to you and your services is a wonderful way of gaining new business and making more money. There are a few distinct ways to get more customer referrals for your business.

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Category: Client Relationships - Self Promotion - Client Referrals | Trackback | 3 Comments »


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  • Billing Orchard
  • Billing Orchard Invoicing and Billing for Freelancers
    Billing Orchard - Billing and Invoicing Software for Freelancers Billing Orchard's Invoicing for Freelancers

    A complete, secure, online billing application that maintains hourly service billing, flat fee billing and recurring charges. Integration with Authorize.Net and other leading payment gateways provides hands-free recurring billing with a sophisticated CRM system.

    Read more
  • Search for Online Schools with Distance Learning Classes Perfect for Freelancers
    Search for Online Schools with Distance Learning Classes Perfect for Freelancers
  • Free Trade Magazines
    TradePub - Free Trade Publications for Freelancers Free Trade Publications & Magazines

    Browse through our extensive list of free Business, Computer, Engineering and Trade magazines, white papers, downloads and podcasts to find the titles that best match your skills and interests; topics include management, marketing, operations, sales, & technology. Simply complete the application form and submit it. All are absolutely free to freelance professionals who qualify.

    Read more
  • SitePoint Web Design Business Kit for Freelancers
    SitePoint Web Design Business Kit for Freelancers SitePoint's Web Design Business Kit 2.0

    The followup to Brendan Sinclairs successful Web Design Business kit is a comprehensive look at all the business aspects of working as a web designer. It's thorough and has some excellent advice in it.




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