Are You Clear When You Talk About Money To Clients?
Anne Wayman at The Golden Pencil talks about writers being comfortable talking about money. This is equally important for home business owners who offer services to clients.
As Anne says, especially if you don’t have a business background, it’s quite common to think that money seems to be somehow associated with greed. In fact it’s your earned income, just like employees get a wage. You have expenditure, running costs, charges and profit.
You need to talk about money, so everyone knows what’s what. In fact, you need to be very clear about your terms and what you are offering for the agreed fee.
Anne’s post will give you some good starting points and food for thought for your home business, no matter what service you offer.
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4 opinions for Are You Clear When You Talk About Money To Clients?
Mary Emma Allen
Jan 21, 2008 at 7:34 am
Yes, talking about money is difficult for many home business, as well as writers. If you’re selling items in a home shop or online, you’ll have the prices marked. When it comes to services, home business owners so often are vague. Set up a price scale before you talk with your customers/clients. It can always be adjusted to meet various situations, but generally you don’t lower it because you’ll devalue your services.
Sarah
Jan 21, 2008 at 8:24 am
I think that being able to talk about money is highly important & knowing what you are worth is even more so. I am an internet marketing newbie and this really came into play when I was choosing an affiliate to work with. I wanted to make sure if I took the time the pay would be relevant. Now that I have the right affiliates in place I am bringing in the traffic with artemis pro a piece of software I use to take one article and create & submit several hundred unique versions. Everything is going great so far. Thanks for your article it addresses an important issue for business owners.
Talking to Your Clients About Money
Jan 21, 2008 at 11:04 am
[…] Home Biz Notes points to an post by The Golden Pencil describing the way people discuss money - or really the way people DON’T talk about money. I think this topic relates to all kinds of freelancers. Here’s a snippet: As Anne says, especially if you don’t have a business background, it’s quite common to think that money seems to be somehow associated with greed. In fact it’s your earned income, just like employees get a wage. You have expenditure, running costs, charges and profit. […]
Mary Emma Allen
Jan 23, 2008 at 6:07 pm
Sarah, thanks for sharing your experiences and insight about determining what you’re worth and setting your price accordingly. This certainly is an important issue for business owners.
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