Should You Put Prices on Your Website?

As a freelance mentor, I often get asked whether or not it’s a good idea to include your prices on your website. It’s a difficult question to respond to because, as with many of the things we come across during our freelance careers, the answer is: it depends!

Those of us who are service-based business owners often need to take into consideration things like turnaround time, the length of a project, the complexity of the work involved, and so many other factors! It simply isn’t always possible for us to have standard prices. But for those of us who do offer packages or fixed services, do we really want to be sharing our prices online for the whole world to see?

I’ve decided to dedicate this blog post to providing a comprehensive answer to the question of whether or not sharing your prices on your website is right for you. I’m setting out the advantages and disadvantages of doing so, as well as suggesting a solution that might help you get the positives out of both sides of the argument… Read on to find out more!

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How to Spend 2 Hours of Your Freelance Finance Time – Organising Your Business Finances (Part 1)

Setting time aside to work on your finances is a key part of running a small and successful freelance business. When you can’t find the time, you need to make time, because this is what will help you stay on track and take steps towards growth.

Recently, I’ve been running a virtual coworking session once a month to help freelancers block out time in their busy schedules and focus on their finances. We spend two hours working on our individual finance-related tasks, and the freelancers who have taken part so far have found the sessions really valuable.

That said, I know that two hours can feel a bit intimidating. So, in this blog post, I’m suggesting five finance tasks you could think about doing the next time you set aside two hours to spend on your business admin. Part one of this series is dedicated to getting organised with your freelance finances!

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Financial Checklist – The Financial Tasks that Make It onto My To-Do List on a Weekly Basis

If you’ve been following me for a while, you’ll know that I strongly encourage checking in on your business finances as frequently as possible. Although many freelancers think that nothing could be more important than client work, you really do need to prioritise your figures if you want to create a sustainable business that works for you in the long run.

Assessing where your business is at on a weekly basis will provide you with the information you need to make strategic business decisions and adjust your course of action when necessary.

In this blog post, I’m explaining why I think weekly check-ins are so beneficial, as well as sharing what I look at when I review my business finances once a week.

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How to Know Whether You're Undercharging as a Freelancer

Whether your rates are too low really depends on a number of different factors. These include how much you need to be earning to cover all your outgoings (both business and personal) and how much time you have available to earn that amount.

I wrote this post on the back of a conversation I had with another freelancer about pricing. They told me they didn’t actually know if they were charging enough or not, which got me thinking: How can you tell when you're undercharging for your services?

In this blog post, I’m looking at some of the tell-tale signs to help you understand whether or not you’re asking for enough in return for your freelance services.

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Why Having a Long-Term Vision Will Boost Your Freelance Business

All big companies start with their big-picture business vision. But for some reason, this is a part that many of us miss out on as freelancers. We launch ourselves into our work and forget to take a step back to look at where we’re headed.

It’s easy to lose sight of our greater purpose when deadlines are looming or we’re struggling to make ends meet. In fact, not only do we sometimes lose sight of our ‘why’, but we often end up doing the exact opposite of what we intended when we became freelancers, working all hours of the day (and night!).

I personally find it useful to have a long-term vision for my life that helps me decide where to take my business. So in this blog post, I’m looking at how having such a vision could benefit you and support your freelance business.

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Why Recording Income and Expenditure Is Essential to Keep on Top of Your Business Finances

When you run a business, the most essential things you need to record are your income and expenditure. It’s so important to be aware of what’s coming in and leaving your account at all times, especially if you want to feel in control of your business finances.

That’s why it always surprises me how few freelancers actually record their income and expenditure on an ongoing basis. These are the numbers that will give you an overview of how your business is performing as a whole.

In this blog post, I’m explaining why it’s important to record your income and expenditure, as well as showing you how to go about it!

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Freelance Finance – How to Carry Out a Monthly Business Review

Keeping on top of the numbers in your business is one of the most important things you can do as a business owner. Whether you’re the CEO of a large multinational or the boss of your one-(wo)man band, having a clear overview of the figures and knowing where your business is at is essential if you want to be able to make strategic decisions that will allow your business to grow in the long term.

I always recommend looking at your finances on a weekly basis, but if you can’t manage that, monthly check-ins are a must! They enable you to follow your progress and adjust your course to make sure that you achieve your goals and develop a successful business that works for you.

In this blog post, I’m setting out seven key steps to help you carry out a review of your business finances on a monthly basis.

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How to Overcome the Fear of Raising Your Prices

Raising your prices can feel scary. It’s not easy to tell a customer that you’re going to start charging them more, especially when you’ve created a relationship with them over time.

But increasing your prices is essential if you want your business to grow and support you in the long term. Your costs will undoubtedly increase over the years, which means that if you fail to raise your rates with your clients, you’ll inevitably end up losing out and will have to work longer hours to cover your expenses.

In this blog post, I’m putting together some suggestions to help you overcome the fear of raising your prices. So if you’ve found yourself putting off a rate increase at one time or another, here are some things you can try to make sure your next price increase happens first time!

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Why Your Money Mindset Has a Huge Impact on Your Success and Your Mental Health

Whether we’re talking about your business or your personal life, finances can be a source of anxiety. If you’re worried about them, you’re likely to suffer from sleepless nights, tension, low mood and a lack of self-confidence.

As freelancers and largely creative individuals, the financial side of things is usually our least favourite part and often gets pushed to the bottom of our to-do lists. However, if we want to run a sustainable business and make strategic decisions that feel good moving forwards, we have to keep track of the numbers. The more you put them off, the more insurmountable they can feel.

I recently appeared on an episode of the She Be Red Podcast where I spoke with host Maddie about why taking care of your money and finances is so important for your mental health. Some interesting things came up in our conversation, so in this blog post, I thought I’d summarise some of the key points we covered when it comes to creating a business that works for you and your mental health.

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