Estimated Project Hours = 50Then this is how you figure out how much to bid on a project: $30 x 50 = $1,500Make sure that your client is very clear on what the scope of the project is. You should write a clear contract to make sure that the outline of the project is written down in clear terms, otherwise the client may take advantage of you. The bottom line to your freelance business is that you want to make a good living. If your hourly rate seems too low then raise your rate till you feel comfortable with it.

On the other hand, if clients are very interested in you at first and then stop communicating with you after they hear what your hourly rate is, then you need to lower your rates. In other words, feel customers out to see whether your fees are correct or not.If you have determined that your fees are too high then you might need to lower your overhead in order to lower your fees. Try cutting some of your unnecessary expenses in order to make ends meet. When you make the change over to freelancing, sometimes there is a little suffering at first.

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