project price

[Chris Mosser]

Guys,
I'm just looking for a little input on pricing.
Basics of project:

Inventory Management
Inventory showcasing
E- commerce

Normally, I have a guy who comes to me with a job and says "here's the job,
I'll give you $500 for it." I will usually take it because I just do this
on the side and am putting all the money I can into a house downpayment and
paying off credit cards. Anyway, I am tired of working and getting
undersold. Mainly because it's all his relatives or friends for the most
part. Because of this, I don't really know what to charge on my own.

I most likely won't be designing the site but just building the back end and
setting it up with a payment processor, and possibly setting up the server.

I know this is a little vague, but I'm just looking for a little experienced
input. THNX

--
Chris Mosser

[Chris Hope]

Re: project price

"Chris Mosser" <cmosser_at_com cast_dot_net> wrote:
[color=blue]
> I'm just looking for a little input on pricing.
> Basics of project:
>
> Inventory Management
> Inventory showcasing
> E- commerce
>
> Normally, I have a guy who comes to me with a job and says "here's the
> job,
> I'll give you $500 for it." I will usually take it because I just do this
> on the side and am putting all the money I can into a house downpayment
> and
> paying off credit cards. Anyway, I am tired of working and getting
> undersold. Mainly because it's all his relatives or friends for the most
> part. Because of this, I don't really know what to charge on my own.
>
> I most likely won't be designing the site but just building the back end
> and setting it up with a payment processor, and possibly setting up the
> server.
>
> I know this is a little vague, but I'm just looking for a little
> experienced
> input. THNX[/color]

You should really be working out how long you think it's going to do the
project in hours (break it down into as small bits as possible to make it
easier to work out). Then work out how much you think your time is worth
and multiple the number of hours by that dollar amount. That will give you
how much you should charge for the project. And it's always a good idea to
allow more time than you *think* you'll need as it so often ends up being
more.

[nice.guy.nige]

Re: project price

While the city slept, Chris Mosser <cmosser_at_com cast_dot_net> feverishly
typed:
[color=blue]
> Guys,
> I'm just looking for a little input on pricing.
> Basics of project:
>
> Inventory Management
> Inventory showcasing
> E- commerce
>
> Normally, I have a guy who comes to me with a job and says "here's
> the job, I'll give you $500 for it." I will usually take it because
> I just do this on the side and am putting all the money I can into a
> house downpayment and paying off credit cards. Anyway, I am tired of
> working and getting undersold. Mainly because it's all his relatives
> or friends for the most part. Because of this, I don't really know
> what to charge on my own.
>
> I most likely won't be designing the site but just building the back
> end and setting it up with a payment processor, and possibly setting
> up the server.
>
> I know this is a little vague, but I'm just looking for a little
> experienced input. THNX[/color]

As Chris Hope has said, work out how many hours you think it will take to do
the job, work out how much you should be paid per hour and do the maths. But
when you are working out your hourly rate, don't forget that you need to
charge for time when you are "off the job" so to speak (eg, paperwork, etc).
Also, be sure to get a contract between yourself and the client so each
party is aware of their responsibilitie s to the other. Specify in the
contract that this is for the work agreed, and that any significant changes
may incur extra cost, and keep a paper trail of letters, minutes of
meetings, etc, so when your client says "But I didn't want that." you can
pick up a piece of paper and say "but at our meeting last Tuesday we agreed
on this, and it was confirmed in the letter I sent you on Wednesday which
you replied to on Thursday".

Also, have a good read of this:

http://www.allmyfaqs.com/faq.pl?Web_design_business

Hope that helps,
Nige

--
Nigel Moss.

Email address is not valid. nigel@nigenetDO G.org.uk. Take the dog out!
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