How do you set and negotiate your rates with clients?

Rates are absolutely crucial but a lot of us fail to calculate them properly. Share with us your thoughts or tips on this…

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I don’t negotiate. I set my rates, they can choose to accept or decline them.

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Yeah this part’s definitely not as straightforward as it seems. What’s worked for me is setting a base rate that I’m comfortable with after factoring in my time, effort, and the actual value of the work. But I try to stay flexible too, especially if it’s a long-term client or something interesting.

Most of the time it’s less about negotiating and more about making sure the client understands what they’re actually getting. Once they see the value, the rate usually makes sense to them.