How Large Should My Rates Be?.My exp at work : the Hotel Rimini case

What Should I Charge?


The money that they should charge for their wares is usually one of the first and biggest concerns that new Internet Marketers have. This is definitely an important subject among the freelance writers who are trying to provide copy and content writing services to other people who need them. Some freelance writers believe that they should merely charge the fees clients want to pay. This is mainly difficult for people who are generally told that only the barest minimum of rates is acceptable. If you have been trying to figure out what amount to charge for what you have to offer, here is the way to figure it out.

The very first thing you need to do is jot down all of your monthly payments. This consists of the amount you pay a month in rent or toward your mortgage, your utility bills, how much you spend on food, your cell phone bill, credit card payments, etc. Make sure you include the sum of money you think you will spend on fun items like dinners out and frivolous shopping trips. The amount of these items should be multiplied by twelve. This is the amount of cash that you should put in your bank account annually. This is not the same thing as the amount of money you will want to bring in.

To determine how much money you should earn, take the amount of money you should put in your bank account and then add at least forty percent. This will give you sufficient money for covering taxes and various fees--after all, the money that you earn on the net will count as income--it needs to be reported to the IRS and taxes need to be paid on it. This added forty percent may help cover the taxes for social security, Medicare, and so on. The amount you see in front of you, expenses plus forty percent, is what amount you need to earn.

You probably are convinced you'll be working at least forty hours each week. This is a good volume to anticipate, but it is important to note that you will only spend probably half of this work time performing duties for your clients. The other half will likely be used up undertaking book keeping, marketing and other administrative stuff. Why can this matter? Because it's got a direct impact on how much you will charge. Your primary thought is probably to take the amount of money you will want to earn then divide it by fifty two then take that quantity and divide it by forty (to come up with an hourly rate). Instead, you should be dividing by twenty-this is the time you will be spending on client work.

Now that you have an hourly price all worked out, what amount you charge per project is up to you. How long does one believe it's going to take you to write an article or a sales page? Take that time frame and multiply it by the hourly rate that you have established. This should give you just how much that you should charge for your writing work.