How do I price assignments at a freelancer's work?

Sometimes do you think you earn very little? Or is it quite the opposite and you present too high prices to your customers ? That is why we have prepared a special guide, after which you will know how to price your work.

Count business and living costs

At the start, you need to know how much your work and daily life cost. Regardless of thesituation, you should have money to rent an office, transport, accounting services, taxes, insurance, office equipment necessary for work or advertising, for example, on social media. Of course, the other half is the cost of living -renting an apartment,rent, loan installments,  utility bills, food, etc. It is worth taking care of the financial cushion, i.e. savings for the black hour.

How much does it take to fulfill an order?

In fact, it is the basis. It matters how long it takes to fulfill a given order -writing text, making a website or creating graphics. Here it is worth remembering a certain reserve. You may always find that a task takes a little more time than you assumed at the beginning.

How long does it take to handle the order?

Interestingly, many freelancers forget about this aspect. Meanwhile, just writing text or creating a website is not only the work on the project itself, but also the time that is devoted to meetings and conversations with customers. It is a precious time that no one paysfor. Therefore, if the order is quite large and complicated, because it requires meeting with the client (and sometimes getting to the customer’s location), it is good to include those costs in its valuation. Of course, the customer does not need to know about it at all. He would hardly be too pleased about this.

Estimate cost of the project

Even before the start of the order, create a preliminary estimate of costs for your client. It should include a list of things to be done, price list and work schedule. In this way, your client will be able to easily and quickly understand what and how much it cost. Here you need to prepare for trying to negotiate the price. It is hard to find customers who will not try to negotiate.

Using "Klamp”, building a project evaluation is not only fast and simple, but also allows the customer to find out in a quick way what the cost of the individual tasks is. Try it now for free for 14 days.

Keep in mind that you do not have to agree to discounts at all, especially when they are big. Instead, you can point to elements in the project evaluation that you can cross out to save a bit. It is up to him to decide.

Settlement for the order -what does it look like in practice?

You can settle with customers using the hourly rate or simply for the completed order, the project. Regardless of which solution you have finally chosen, consider your costs and the time you need to spend on your order.

How do other freelancers value it -does it matter at all?

If you already set your rates, even rough estimates, it is of course worth compare them with average budgets of potential customers or the rates offered by other freelancers operating on the market. Keep in mind that customers do not always estimate their budgets based on real information. They often do not know the market and do not know how much work it costs. Sometimes they think that making a website or writing ad text is a few minutes of work. Meanwhile, it takes many hours and it is not easy at all.