Dealing with the money side of design can be tricky, but it must be dealt with nonetheless. Rates have to be set, payment plans set up, and difficult situations dealt with. While it may be difficult to figure out hourly and flat rates, there are processes you can follow that make it easier. Remember, unless you feel you can’t land a job otherwise, you don’t need to give a client the project cost at your first meeting. Take some time to decide if you want to charge by the hour or a flat rate, compare the job to previous jobs, and get back to the client with an accurate estimate.
- Hourly vs. Flat Rates
- How to Determine Your Hourly Rate
- How to Determine Flat Rates
- Working on a Retainer
- How to Raise Your Hourly Rate
- Designing in a Recession - Ways to Save Money
- How to Work within a Limited or Low Budget
- Setting Up Payment Schedules
- Tip - Ask the Client What Their Budget Is
- Tip – Know Your Ideal and Low End Fees
- Tip - What To Do When a Client Will Not Pay