human
I'm a new freelancer, but I'm not sure how to set my rates. How do I go about it?
assistant
The first step in setting your rates is to research the market rate for similar services or products. You can look online and compare prices from different companies, or you can ask friends and family who have used freelance services for advice on what they think is an appropriate price range. Once you've gathered some information, create a spreadsheet that lists out all of your expenses, such as equipment, supplies, travel costs, and other overhead costs. Then, subtract these costs from your total revenue per hour. This will give you an idea of what your hourly rate should be. Finally, consider adding a small percentage to your base rate to cover any unforeseen circumstances that may arise during the job.