We’re all dealing with a ton of change in our freelance fields, so we’re going to kick the year off with a few questions to clean house...making space for success and growth even as the ground’s shifting underneath us.
#2 Should I raise prices?
So the answer here is almost universally, “yes.”
Inflation is running rampant and the cost of everything from rent to food is headed north. So the questions for most of us isn’t whether we should, but how.
If you’re on the bolder side, you can simply make an announcement and get contracts updated. Don’t feel bad about doing this...your clients have probably been raising their prices themselves.
If you’re less comfortable, you can focus on signing new clients at higher rates. It takes more work, but can result in the double bonus of bigger increases and better clients.
This year is going to be an important one for getting your rates and finances where they need to be, so if you want to talk out finding weak points or how to respond to them, come by the Academy boards and let’s talk it out.
