What Can i Charge? In 2011
One of the most important things that a new Internet Marketer wants to learn is what amount he or she should be charging for his (or her) products or services. This is a primary concern for authors who are trying to sell their copy generation and content writing services to other providers that need them. Some internet writers believe that they should just charge the rates clients want to pay. This is admittedly difficult for those who are often told that only the lowest of rates is okay. If you have been trying to figure out just how much to charge for what you have to offer, here is the way to figure it out.
First you should list out each of the every-month payments you make. This comprises the amount you pay each month in rent or toward your mortgage, your utility bills, how much you spend on food, your cell phone bill, credit card payments, etc. Be sure that you include in the money you spend on interesting things like going shopping or going out to dinner. Add this up after which you can multiply it by twelve. This is the amount of money you will want to put in the bank every year. This is absolutely not the same amount of cash that you should earn.
To find the amount of money you have to bring in, take the amount of money you need to put in the bank annually and add at least forty percent. This will help you handle your taxes and fees-after all, the money you make on the net counts as income and you will need to declare it to the IRS and pay taxes on it. This added forty percent will probably cover the cost of social security taxes, Medicare, etc. The number sitting in front of you right how-your bills plus forty percent-is just how much you should make.
You likely believe that you will be working at least forty hours each week. This is a good amount to work toward, but it is important to note that you will only spend probably fifty percent of this work time performing duties for your clients. The rest of the time you will be doing paperwork, marketing, etc. Why must you understand this? Because it can influence the amount that you need to plan on charging. Your primary thought may be to take the amount of money that you need to earn then divide it by fifty two then take that number and divide it by forty (to come up with an hourly rate). Instead you should divide it by the quantity of weeks you need to work and then divide that number by twenty.
Now that you know what cost you need to charge per hour, from here the total amount you charge for a project is simple to figure out. How long do you imagine it’s going to take you to write an article or a sales page? Take the time it is going to take you to complete a project and multiply it by your hourly rate. This is the price that you need to be charging for your various assignments. Visit fb auto cash to learn more
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