Take the Scientific Approach to Setting the Right Price for Your Freelance Services
I’ve already shared five tips that make setting the right price for your services easier, and most of them rely on observation and experimentation. Nothing wrong with that, but when talking about finances—a very important aspect of a freelance career—we need all the help we can get. Like a useful tool that provides a more specific guide. This is where Freelance Switch’s Hourly Rate Calculator comes in.
Quite easy to use really. Just type in your business costs, then your personal costs, followed by the amount of time you can actually work, and finally the amount you want to make each year. After you click the Calculate button, you’ll see how much you need to charge in order to earn your desired amount, as well as how much you need to break even.
An easy-to-use, useful, yet free tool. Great job Freelance Switch!
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POSTED IN: Useful Tools
5 opinions for Take the Scientific Approach to Setting the Right Price for Your Freelance Services
Vyoma
May 25, 2007 at 8:03 am
Setting the right price for the services - urgh! This is a tough one for me. I never really did work before for money - it was all as a favour.
Recently though, when few asked for the price - I was stumped… :(
PS: And during that time Rico, I tried contacting you - but could not find a proper contact form on ‘Contract Worker’. The one that exists, is the general b5media contact form - I did send a message through that, but I guess it got lost.
Rico
May 25, 2007 at 9:56 am
Oh no! I apologize for that… if you still need my advice, perhaps you can try out the contact form of my personal blog. :)
Vyoma
May 25, 2007 at 10:14 am
Come to think of it - I never visited your personal blog. :) Bookmarking it.
jun
May 28, 2007 at 6:19 pm
will try this when i get around to putting up my biz.
Rico
May 28, 2007 at 6:26 pm
Good luck with that jun!
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