It’s been a busy month for me – busy to the point where I’ve ignored my workouts, haven’t read books, and glance through magazines in passing. My husband said, “Time to raise the rates.”
He’s right. When the work is coming in faster than a writer can handle it, that’s an indication the price is right – too right. Time for the price to be adjusted.
But what about clients? How is that going to play out with the client base? In my experience, you will lose a few, but the stalwarts – the ones who understand your value – will stick around.
Good friend Anne Wayman has often said that higher rates beget more clients. It’s one of those odd phenomena that holds true. If you charge more, you attract clients who are more committed to paying your fee to get quality writing.
So how busy have you been? Is it maybe time for your rates to be raised? In fact, when was the last time you allowed yourself a raise?