Dollars

How Much to Charge?

This is not an easy question to answer but it is also possible to over analyze and make it a lot harder than it needs to be.  I also want to say, before going any further, that I am still working to do this better but what I want to do today is share a little knowledge from my own struggles in trying to do this well so that maybe you don’t have to make the same mistakes.  This post is really for those individuals who are trying to start out with a business where you are freelancing or otherwise and are struggling to charge the right price to your customers.  You’re afraid that if it’s too much no one will want to hire you and if it’s too little you won’t be able to pay the bills!  Well, hopefully I can help you take another step or two in this journey.

Handshake

What to put in an RFP

If you’re a small company or even a non profit organization and you’ve needed to get some work done, it can be a daunting task to find the right vendor or company to do the work for you.   One means of doing this is to use a Request for Proposal (RFP).  Some people might think that the RFP process is only appropriate for larger organizations such as the US government but I think it also has the potential to be a viable option for hiring someone to do the work for a small business or a non profit.  One of the advantages  of an RFP is that it puts companies to work responding to you rather then you spending all you’re time trying to convince companies to consider your request.  Another advantage is that when you send out your RFP to more than one company it establishes an environment of competition which is a good way to ensure you’re getting the best from those whom you are seeking a proposal from.  A further advantage is that you are starting everything off with a clear definition of the work that you want to be done, this can go a long way to ensuring the success.