Monday, January 21, 2008, 1:04pm
Talking to Your Clients About Money
Home Biz Notes points to a post by The Golden Pencil describing the way people discuss money - or really the way people DON’T talk about money.
I think this topic relates to all kinds of freelancers. Here’s a snippet:
As Anne says, especially if you don’t have a business background, it’s quite common to think that money seems to be somehow associated with greed. In fact it’s your earned income, just like employees get a wage. You have expenditure, running costs, charges and profit.
You can extend this idea to a discussion of money and payment with clients. Money can be an uncomfortable subject for new freelancers, especially after unforeseen problems or design revisions make a “liar” out of the initial estimate. While clarity is certainly important in preventing discrepancies, composure is just as critical in a difficult situation.
It’s important that you are assertive, yet compassionate when speaking with clients about money. You should know going into an agreement how hard you work and how much you are worth. This will generally make the process go much smoother down the road.
Picture by jblndl.
1 Comment on "Talking to Your Clients About Money"...
Mary Emma Allen at 1:04pm on Monday, January 21, 2008
I’m pleased you were inspired by Yvonne’s post at Home Biz Notes which led you to Anne’s thought provoking one.