Last week, I encouraged freelance editors not to discount their rates and gave three examples of when not to. But sometimes we do have to negotiate to win the day. Should you negotiate your rate? First, consider whether negotiating is worth the effort. Too many discounted projects won’t get … [Read more...]
Freelance Editors, Stop Discounting Your Rates
Q. This is kind of a copyedit, but I don’t have to edit footnotes. What should I charge? A. Charge your copyediting rate. Q. This is a developmental edit, but it’s a second pass. What should I charge? A. Charge your developmental editing rate. Q. This is mostly a proofread … A. (say it with … [Read more...]
Running a Freelance Business: Renegotiating Your Fees
All freelancers run into scope creep now and then: a project takes a lot longer or needs considerably more work than originally agreed to with the client. If you’ve agreed to a fixed fee or a cap on number of hours, you end up missing out on what you should have charged. For instance, you agreed … [Read more...]
11 Reasons to Give Your Freelance Rates a Bump
Learn how to bump up your rates in The Art of Freelance Pricing with Jake Poinier. You don't have to spend much time within editorial groups on social media before someone will assert the blanket statement, "You need to raise your freelance rates." I suppose that's fine advice in the fashion of … [Read more...]
Pricing Models for Freelancing
As I mentioned last week, there are different pricing models for invoicing your work as a freelance editor. The most frequently encountered pricing models include: By the hour. You’re probably the most familiar with this model, and it has the advantage of clarity: you work x hours, you get y … [Read more...]
The Business of Freelancing: Pricing Your Services
We’ve arrived at one of the most difficult of topics when you’re first setting up your freelance business. Many if not most people who opt to freelance are creative sorts, folks who are most at home on the right side of their brains. I expect that you probably fall into that category. You’re … [Read more...]
Pricing a Project, a guide for copyeditors and other editorial professionals
Still throwing darts at a price chart when the phone rings? Melanie Thompson’s Pricing a Project will take the mystery out of the task and help you build quotes that don’t leave you working for pennies an hour. No need to reinvent the wheel; the SfEP’s new 36 page guide sets you up with a couple of … [Read more...]