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Singapore Freelance Job Articles - Sgfreelancers4hireBy Sgfreelancers4hire

Posted On :
2011-02-07 02:27:38

Glossary > Payment Terms A Freelancer Should Know

Payment Terms

Billable hours designates hours that you have clocked for which you can bill a client. This is for freelancers who charge by hour basis.

Per-Project Basis usually means to charge the employer by the whole project. This involves giving a quote by the freelancer when requested to take on the project.

Per-Page Basis - This is usually for Freelance Web Designers where they charge design by each webpage (HTML). Freelance Writers usually impose a word limit per article that they charge as opposed to strictly per-page.

Value based pricing is a business strategy. It sets selling prices on the perceived value to the customer, rather than on the actual cost of the product or market price. Value-based pricing is dependent upon an understanding of how customers measure value, through careful evaluation of customer operations.

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