Summary: If you work independently offering any kind of service, from freelance writing to financial consulting, you have to set your rates. How do you go about that? Here are a few things you should keep in mind when setting freelance rates or fees to avoid common mistakes. Setting freelance fees can be difficult for a lot of new independent professionals and consultants. Common mistakes are made, [...]

It’s not uncommon for individuals interested in freelancing to think about potential rate and fee structures in terms of their familiar forty-hour work week. Many miss the fact that there are two very distinct ways of viewing their time as a freelancer: working hours and billable hours.