Learn to Correctly Cost Your own Freelance Services

Posted in Business

What Should I Charge?

One of the first things new writers ask is: “How much should I charge for my writing?” This is often one of the very difficult questions to answer, so the most effective answer I have is to share with you how I went about setting my rates.

By the Hour or By Project

As a freelance writer you will have times if you want to charge by the hour and other times if you want to charge by the project. Both are acceptable freelancer hire and find jobs, but a very important factor you’ll need to aspect in is the knowledge when you charge by the hour. Once you know of a topic, you become even more quickly at authoring it. In this case maybe you are cheating yourself out of money when you bill by the hour.

On another hand, there are also those customers that feel safer when they pay by the hour than they do by the project. Who knows why? They may just feel like they obtain the project done faster. At any rate, you will have to work out how to please both your customers and yourself in regards to this little issue.

Find Hourly Rates Charged by Employers

If you write for a copywriting firm it could help to find what they charge hourly or what your employed hourly rate is. You may be able to get these records form your old HR department. This includes any benefits paid to you want retirement benefits, and insurance premiums. This would be your starting point as a freelance writer, if you are truly a newcomer and changing in to the career, then $100 an hour may possibly not be your starting point and you should go only a little lower.

Per Project

Once you’ve an idea of what your hourly rate is then you can estimate your per project fee based in your hourly rate and how several hours you estimate the project will take. Determine just how long it goes to accomplish each project and what types of writing projects you intend to undertake, whether these be Newsletters, website content, web articles or eBooks.

Adjusting

Adjusting your rates is just a standard practice of all freelance writers. You will have to analyze your rates about every 3 to 6 months to make sure they are around your writing standards.

For Those Starting at the Bottom

For people who’ve no experience or employment in writing, you can’t expect to produce super high rates. You need to get experience and for that you will have to start out low at about your average $7 to $10 and then you can work the right path up.

What you would need is a comprehensive program to help you understand freelance writing. There are many great resources on the internet. Some of them have tools and software, in addition to advice to help take your freelance writing business to the top.

If you intend to learn more about freelance writing and discover the most effective online resource head to You will discover tools for finding paid writing projects, software for managing jobs, and resources for learning how to make the most money from freelance writing. It is a one-stop shop.

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