One of the very first things that a new Internet Marketer will ask is what amount he or she should charge for the products or services that he or she is offering. This is especially a hot topic amongst writers who are offering content material and copy creation services to those who need them. Some men and women think that they need to charge whatever people are willing to pay. This is usually very difficult for people who are constantly told that only the lowest rates possible are fair. If you have been curious about the amount you should charge for your services, that is the way you figure that out.
First you need to list out all of the monthly payments you make. This includes the amount you pay a 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 put in the money you spend on interesting things like going shopping or going out to dinner. Add all this up after which you can multiply it by twelve. This is the sum of money that you need to put in the bank each year. This is not the same thing as the sum of money that you should bring in.
To find the amount of money you should generate, take the amount of money you need to put in the bank annually and add at least forty percent. This will help you to have enough money for fees and taxes; don't forget, the money you earn on the web is income and will need to be reported to the IRS; not only that but you will need to pay taxes on it. This additional forty percent should cover the price of social security taxes, Medicare, etc. The amount you are considering right now: the expenses with forty percent added to it--is the amount of money you should make.
You're probably planning on working at least forty hours per week. This is a good volume to plan on, but it is important to note that you will only spend probably one half of this work time performing duties for your clients. The remaining time you will end up doing paperwork, promoting, etc. Why do you need to know this? Because it influences what amount you ask for. Your primary impulse might be to take the amount of money you need to make and divide it by fifty two and then divide that number by forty (which will help you figure out your hourly rate). Instead, what you need to do is divide the amount by the number of weeks you think you'll be working and divide that number by twenty.
Now that you have an hourly rate all worked out, what amount you charge per project is up to you. How long will it take you to write some content or copy? Take that amount of time and multiply it by the hourly price that you have figured out. This is the amount that you ought to be charging for your various jobs.
![[Valid RSS feed]](http://www.look4articles.com/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Category Rss Feed
Print This Article
Add To Favorites
![[Valid RSS feed]](http://www.look4articles.com/images/rss.jpg "XML Feed For RSS")