The salary of a light entrepreneur?
For a light entrepreneur, the service fee and the additional service fee of the invoicing service will be deducted. Additionally, the VAT, tax withholding, acquired materials, equipment, travel expenses and other possible expenses should be taken into account when determining the invoice.
The salary of a light entrepreneur isn’t formed in a similar way as for a traditional employee. Even if lower pricing is tempting, a light entrepreneur must think of the disadvantages for themselves as well as the industry, however.
What kind of pricing is suitable for different light entrepreneurs?
With hourly prices, the light entrepreneur must estimate the time needed for the work and determine an hour price. For the customer, it is important to know how much time is needed for the work. In this case, the light entrepreneur and the client have to agree on the that will be spent on the job, which might change or be difficult to determine.
Contract price is used for project-like assignments. Contract pricing is usually more profitable and easier for the client. With a price per hour, the light entrepreneur determines the price per hour and agrees on the time with the client, but with contract pricing the light entrepreneur can give the client a fixed price. Therefore, the price is clearer for both parties.
How can a light entrepreneur raise the prices?
Tips for the pricing for a light entrepreneur
- Find out the general price level of the industry
- Don’t underprice your work
- Use the FREE.fi calculator to determine the billing amount