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4 Things to Consider When Setting Your Freelance Writing Rate
Seasoned freelancers give tips on how to value your work- October 8, 2012
In the world of freelancing, one price doesn't fit all jobs. That's the beauty -- and curse -- of being a contractor.
According to the 2012 Freelance Industry Report, 34.5 percent of freelancers bill by the hour, while the majority -- 59.9 percent -- use flat fees. You may prefer one to the other, but it is a good idea to have an hourly rate, so you can use that to formulate a project fee or per-word fee if you need them.
But coming up with that fee can be challenging. Do you charge different amounts depending on the client or publication? How exactly do you figure out what a client wants, so you don't wind up spending more time on a project and earning less as a result? Here are a few things every self-employed professional should keep in mind.