- September 2, 2010
How to Set Prices for Your Freelance Business
You have decided to go into business for yourself or with a partner. You know which services you want to offer. So how do you know how much to charge for your services?
You want to maximize your sales opportunities and at the same time you do not want to sell yourself short. Before creating your prices do your research and examine similar successful companies. After determining your prices make sure they will work for you. How many sales will you need to break even? What is your target weekly revenue? Will that be easily achievable? We will take a look at some ways to find the best prices to offer your clients and make sure they help you achieve your goals. Also remember: if your are not going to be setting up a physical location you will have less pressure on your prices; if you will be working out of your home using a website and phone line you will have less overhead and you can therefore charge less. Charging less will almost always bring in new customers. Read More