Wednesday, January 23, 2008

How Much Should I Charge?

Does your writing fall outside the short story/novel field? You're a freelance writer, but brochures, web content, advertising, etc, are what you write. You charge by the word, the page, the project or the hour...but are you charging enough?

Writer's Market did an extensive survey to find out what freelance writers charge for various jobs. Now lucky You can download all this information for free!

Head over to http://www.writersmarket.com/assets/pdf/How_Much_Should_I_Charge.pdf to see if you should give yourself a raise.

Remember, working cheap may keep you busy, but it won't make you rich. Earn what you deserve to make.

2 Comments:

At 1:13 PM, Blogger DJK said...

I've been asked to write the history of a 110-year-old medical school. But as a new freelancer (just left 22 years of full-time employment, August 1) I have no experience for determining how long it will take to research and write the history. And of course, one of the first steps is to prepare a proposal. The medical school wants to know how long it will take for me to write the book, and what it will cost (my costs, that is; not production). Several false starts have already provided a body of facts, but those facts, in narrative form, need to be sifted, condensed, and turned into a readable story supported by lots of photos and good design. We've already determined the project will cover two fiscal years. But beyond that, I'm clueless as to how long this will take, i.e., a summary of time and cost for the proposal. Any ideas? Suggestions of where to look? Formulas? Thanks!

DJK Urbandale, Iowa

 
At 4:39 PM, Blogger Audrey Shaffer said...

Sorry DJK, didn't see this comment until now.

If this project is going to take two years, figure out how many hours per week you plan to work on it, times 104 (weeks in two years). Take that total times your hourly rate. Increase that amount by 20% to cover miscalculations.

Now you have a rough figure to start negotiating with. If you finish the project early, you earned extra money for being fast and efficient. If you run over and don't get it done in time, you know you miscalculated how much work it would be, and you pay the penalty of basically working for free until the contract is fulfilled. You won't make the same mistake again!

Hope that helps! Stop into the chatroom or the forum sometime, if you have other questions. We do our best to help.

Audrey

 

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