Bidding for freelance projects is not an exact science. Especially when starting out, we can accept a rate for a project and then realize that we’ve actually undercut ourselves by not taking into account all of the little extra things we do on projects that we don’t count on the bid. Here are a few examples of costs we may forget to think of when pricing a job.
Mistake No. 1: The Cost of Research
When I first started freelancing, I was happy to get a gig writing 100 articles on an aspect of the finance industry. As many new freelancers do, I hunted around for what I thought was a suitable rate per article, placed my bid and was very pleased when I landed the gig. However, by the end of it, I wished that I had charged more. Because of the specifics of the job and demand that the content needed not to flout restrictions about financial probity, I had to do a lot more research on the topic than I would have normally. – That took considerable time; time that I wasn’t being paid for. Of course, I completed the job for the agreed rate, but I never made that mistake again.
Solution: Include a couple of Continue Reading