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Published: April 6, 2021, 11:09 a.m.

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Should freelancers provide estimated prices or fixed ones and which one of them would be more convenient for a freelance business? What are the ups and downs when using these pricing methods?

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In this episode, you will\\u2026

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• Understand the difference between an estimated price and a quote
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• Get the pros and cons when adopting an estimate or a quote for your freelance business
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• Know how estimates can help you break down the costs
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Insights:

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• \'\'No matter if you are choosing to offer estimates or a fixed price, your aim is to accurately calculate your profitability and make sure you don\\u2019t underprice your service.\'\'
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• \'\'Estimates and providing a quote might overlap, but its purpose stays the same: your client wants to know how you will save them time, save them money or create revenue.\'\'
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• \'\'Estimates work great for me because managers can change their minds or add in some extra requirements.\'\'
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Tips:

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• When you are offering a quote or an estimate, always include how long the provided price is valid for (usually it\\u2019s for 30 days).
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• Before offering a quote, understand what your client wants, break down the requirements and add those in a contract or agreement.
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• One size does not fit all and remember that you don\\u2019t have to reinvent the wheel: if something is working out great, do not change it.
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Website: https://www.jumpinpodcast.com/

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Contact Me: doina@jumpinpodcast.com

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