21 Nov 09 Freelance Writing – How to Fix Your Rate

Are you getting paid what you deserve for the writing services you offer to you client? This is a tricky question, and not many people feel confident while answering this question because most of the freelancers do not know if they are well paid, under paid, or over paid, which at times become very, very frustrating. In this short blog post, I will tell you how to fix rate for your freelance writing, but before I do that, let me tell you that your rate should not be influenced by what others are charging because everyone else is not you and nor their requirements are yours.

Fixing a freelance writing rate

Step 1: How much money do you need?

The first step in the process is to ask yourself how much money you need every month. Some of you must be thinking, what the client has to do with this, and why does it matter to them. Well, it does not matter to your client or anybody in this world, but still you need to figure this bit out because you are working to pay your bills, and if your work cannot make you pay your bill then things will get a little complicated. It will come down to your basic need for survival. Hence, first realistically figure out how much money do you need in a month or a year.

Step 2: What are the business expenses?

Now, it is time to right down your business expenses. Write everything down on a piece of paper, do not leave anything. This heading will include the electricity bill, business telephone bill, stationary costs, printer’s ink cost, any equipment that you will buy, etc.

Step 3: How much work can you do in a month?

None of us are superman, so there is only so much work we can complete in a day or month, and there are only so many clients we can take. Be realistic in finding your limitation. Do not sell yourself short, and also do not overrate your ability. Count this in hour.

Step 4: Do the math

Now, as you know the number of projects you can take in a month, your monthly expenses, and how many hours you can work in a month. Add the expected monthly sum and the expenses and divided by the work you can do. This will give you the rate you need to survive, but what about the future savings? You need to adjust your rate for that as well. Add expected per year savings, to the sum and then take out your per hour rate.

In order to fix a rate for the fixed price work like per article or per week, you will have to first figure out how much time do you need to write one article, and then find out how many you can write in a month. Divide the equation with this instead of total number of hours, and you will get your rate for one article.

Tags: Business Expenses, Business Telephone, Electricity Bill, Freelance Writing, Freelancers, Heading, How Much Money, Math, Monthly Expenses, Pay Bills, Piece Of Paper, Rate Step, Step 1, Step 2, Step 3, Superman, SURVIVAL, Telephone Bill, Tricky Question, Writing Services

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29 Sep 09 Get Started Trading Stocks

Getting started in the stock market is something that you should be careful about. It’s like getting into a cold pool to go swimming. Your first instinct is to not shock your body by jumping in all at once, but instead go in slowly to get your body to adjust to the temperature of the water. This is exactly the strategy you should apply if you’re thinking of trying out the stock market. You can easily find yourself drowning in your own stocks if you don’t know what you’re doing, so here’s a guide to setting yourself up by starting slowly.

-First, look to trade in penny stocks only, in the beginning. A penny stock is a stock that’s priced $5 or under per share. So a penny stock is good for any beginner, as the amount required to invest is very low, so this will be a very low risk investment. Until you know what you’re doing, you should definitely try to keep things low risk.

-Find yourself a good stock trading website, or software for your computer. Read up and do your research and choose one that you feel you can trust. Here is where you’ll look to find a few penny stocks to start investing.

-Use your stock trading software to find penny stocks, from there do your research into the stocks that interest you. It’s good to know who you’re investing with, as the stock market shouldn’t just be a guessing game for you. Find stocks that you actually believe in enough to deserve your investment. Pick ones that you believe will grow, and give you a decent return on that invested money.

-Try to join a group or forum that regularly discusses which stocks they feel are set to succeed. Learn from them as you make your own personal decisions. Any advice you can get, or research you can do is invaluable when you are just starting in the market.

-Finally, watch your stocks carefully. Pay attention to what’s doing with your money at all times, it’s just good policy, no matter how much money you have invested. As you feel more comfortable, and develop a sense for the market you can try investing more money, beyond penny stocks. Just be careful and make sure not to over invest. Nothing is guaranteed in the stock market, and participate responsibly and carefully, always.

Tags: Advice, Cold Pool, Decent Return, Getting Started In The Stock Market, Good Stock, Guessing Game, How Much Money, Instinct, Penny Stock, Penny Stocks, Personal Decisions, Risk Investment, Stock Software, Stock Trading Software, Trade Stocks, Trading Stock, Trading Stocks, Website Software

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21 Jul 09 Keeping Up On Technology

No matter the industry you are in, keeping up with relevant technology to your field is incredibly important in your bid to remain relevant and competitive over rival companies and to the intelligent consumer. Part of the battle is keeping up on new products as they come out, as depending upon how high tech your company is, you could have new technology coming out every few weeks with potential industry changing effects. But there are a few keys that you can keep in mind when it comes to staying relevant. Those being:

Figure out your needs for successfully running your business.
Figure the budget that you have to spend on new tech.
Combine your findings from the first two, to find the most relevant technology.
Allow time to test new tech and figure out realistic application within the company.

So firstly, you want to asses what you need to successfully run your business. Target what your business is going to offer, or already offers, and look to technology surrounding that. Whether it be computer software to better manage your clientele, or even faster computers to provide for better overall service.

Figure out how much money you can afford to spend taking risks on new technology. For any sort of advancement in any field a certain amount of risk taking is necessary, and you need to determine how much money can be spent on those risks. You want to have plenty to try and keep up with potential money saving/making technology, but not so much that a bad investment would hurt the company. Never be afraid though, as that new piece of tech could solve some financial problems in ways you couldn’t imagine.

Combining your findings means using the budget you’ve made for new technology, on the features that are going to be most helpful to your company first. Go after the tech that has the likelihood changing your company in the most dramatic ways, and target that first. You’ll always be taking a risk, but by targeting a weak point, or point that you could strengthen, you take the positive chance of reorganizing your company to be stronger than before.

Allow for time to test every investment you make before making a final judgment as to how it will apply to your company, and whether the investment was a success or not. Sometimes reintegration of an old system can take a while. Or sometimes fully understanding the nuances of a new item can take time before you fully understand how to make the best use of what you’ve bought. Give it some time, and let your investments play out, because that new technology could pay dividends like you couldn’t imagine.

Tags: Asses, Budget, Business Target, Clientele, Computer Software, Faster Computers, How Much Money, Intelligent Consumer, Likelihood, money saving, New Technology, Realistic Application, Relevant Technology, Risk Taking, Rival Companies, Taking A Risk, Weak Point

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21 Nov 09 Freelance Writing – How to Fix Your Rate

Fixing a freelance writing rate

29 Sep 09 Get Started Trading Stocks

21 Jul 09 Keeping Up On Technology

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