Determining your costs in your proposal
cost estimates can be presented in various ways, including per hour, per project, per page, and per word. Based on your area of expertise, you must determine the best way to present your cost estimate. While it is common for writers to calculate their fees per word or per page, many employers may be unfamiliar with this industry standard. You want to present your cost estimate in industry and layman's terms. Once you have decided how you will present your cost estimate, use these suggestions to determine a price suited for the work requested.
1. Call around to firms that offer the services you are offering and check their prices.
2. Check with friends or colleagues who are freelance professionals in the same industry to see
what they are charging
3. Check with professional organizations that cater to your profession. Many of them maintain
cost statistcs to help their members gauge their rates
NOTE: Always base your rates on what you quoted in the past for similar work.
Jun 20, 2008
Freelance: Setting Costs
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