Learning Outcomes - 6A2
Today we had a workshop focusing on how much we would charge clients for jobs.
Logo for a student business?
£50
Full Indie mag design?
£250
Branding for a festival?
£1000
Once Alec discussed this and went through it with us, I realized I could have actually charged a lot more for my work. We learnt that we are charging a client for experience, knowledge and education and we shouldn't undercharge for all the hard we've put in.
-ask for 50% upfront so not waiting til end to be paid???
We then worked out our monthly outgoings to realistically see how much we realistically needed to be paid. These things included rent, food, water and electric bills etc, and then extra money for luxuries.
This activity really highlighted to me just how much life actually costs!!! And that I would need to be earning a lot more money than I initially thought.
Contracts/chasing payments;
-deliverables list
-price and delvery
-client rights
-renewal fees
-cancellations
TIP*** - not paid = email pretending to be from accounts team
INVOICE;
-name
-invoice number
-date
-client
-ref number
-costs
-title, item numbers
-terms
-total
INVOICE GENERATOR SITES.
-dont forget about freelancing and paying taxes.
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