As a Freelancer, potential clients will often ask the rate that you charge for your work. These situations can quickly become uncomfortable, but don’t let them.
It can be nerve-wrecking to tell someone how much you cost, especially if you don’t know what type of answer they are expecting. Shoot too high and you may lose the job, shoot too low and you could be giving out hard work for an unfair price that doesn’t value what you have created.
How do you know what you should be charging clients? The answer may be easier than you think.
Start by talking to colleagues that do similar work. Ask what they charge now vs. what they charged when they first started out as a freelancer. Even if you do not know anyone directly in the field you wish to work, a simple internet search will be able to provide you with a good idea of where to begin your process.
Another way to figure out how much to charge is to assess how long it takes to complete your work, and then create an hourly rate. Does you work take five hours to complete? Twelve? Especially for projects that vary in difficulty, an hourly rate can help you determine a price that is fair for both you and your client.
If figuring out a price for your work stresses you out, remember that doing your research and breaking down your process can help create a worthy number to charge that benefits you and clients.
And don’t forget, as your experiences grow, so can your price!