Every month we run through a series of questions to help you run your freelance business like a bigger business—“self-coaching” your way to better results and a better life.

 

It’s Reflection & Assessment month!!

 

Don’t forget to fill out your Reflection & Assessment before July closes out.

 

In the meantime, we’re walking through 5 business secrets your money wants to tell you. And this week we’re getting client specific.

 

Client Value

 

This one’s pretty simple.

 

I track my income by client just to see who’s bringing in what, who might be more trouble than they’re worth, and to make sure no one client is making up more than 30% of my income.

 

Whatever invoice software you’re using should make this pretty easy, but if they don’t, even a simple spreadsheet will get you going. (It’s something you could tie to your Reflection & Assessment spreadsheet.)

 

Check in on it at year end and see if anything jumps out at you.

 

Big numbers are nice, but make sure you don’t have too many eggs in one basket. Low numbers could mean the admin isn’t worth it and you could do better with a client that feeds you a higher amount of regular work.

 

If you have questions about numbers you’re seeing, come by the Academy boards and let’s talk it out!

 

 

 

 

Megan