Freelance rates may vary in an area, depending on the nature of your work and the market in question. So always double-check your hourly rate as a freelance.
There are a number of factors that help to set you up for an accurate hourly rate as a freelancer:
The market value of the material
How long your work will take
How often you work
The number of times you work on a project
How much work goes into a single project
The client’s interest
How easy it is to come into contact with you
How you can make the client happy while earning a fair wage
The cost to hire you
How long it’ll take you to get a work order
Whether you have a commission of your own (more on that below)
There’s no need to overcomplicate your freelance rate calculation as a freelancer, especially if you’re in a highly competitive market that needs you.
I’m a freelancer with a very big budget. How many hours do I need to work per week?
The vast majority of freelance clients have little in the way of fixed expenses or long-term commitments – which means you do not have to work a full-time job to earn a decent income.
When you’re freelancing with a more traditional client, they might have a business or family that they need to support. In these cases, you will need to offer a longer term employment contract which covers a higher standard of work than any short-term contract that you might have with a larger project.
As a general rule, be as flexible with your working hours as possible. If you feel uncomfortable working more than your normal average hour, you may want to consider your options and talk to your clients to see if you can find ways of working together. You should always try to work with a regular working week.
How much are your rates for a one-to-one commission?
It costs more to find projects than it does to just ask for someone’s attention, so find out what your rates are when your client is the client, or if they’re acting as your agent.
There aren’t many freelancers who are in permanent agreement on a contract until they’ve had a chance to talk. For an artist that has a regular client, it’s often worth negotiating as part of the contract, so that all parties are satisfied and the terms are agreed upon during the
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