What should you charge for your services? It’s a question that many small business owners, artists, and social enterprises grapple with.
Charging too much can mean you’re shutting yourself off from potential clients, while charging too little can lead to you working for very little money. Is it based on how much experience you have, how long it will take you to do the job, or how big the project is?
How do you come up with a price that accurately reflects the time and value of your work. Moreover one that will not see you broke!
Whatever the answer, it is important to have an hourly rate in mind. You may not bill by the hour but having a floor and ceiling limit is a wonderful guide.
In this weeks I Hate Numbers podcast I look at how to calculate an hourly rate for your time.
Listen to find out more
Conclusion and good to know
There is no one-size-fits-all answer to the question of how much you should charge for your time. However, by using the information provided in this podcast and in the FREE online pricing calculator, you can work out a fair rate for your services that will help power your business forward. Thanks for listening
Struggling with numbers and feeling like you can’t win the battle between your ears?
I Hate Numbers is an easy, humorous but serious read about running a business. It also shows you how to have a financially rewarding relationship with your numbers. Furthermore, my book will help with that battle between the ears, that all business owners experience. If you feel like you could use some help in this area, buy my book and let me show you how to get on track for success.
Not only will you be able to understand your finances better, but you’ll also learn how to take the stress out of money management. Thanks for reading!
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