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I think the general rule of thumb is that for freelance work you charge by the hour, unless you have agreed a fee in advance. But what your hourly rate would be I have no idea.
I guess the thing to do initially is to work out how long you think the job may take you, hour on hour. Then you have to factor in your materials such as paper, pens, computer time, whatever. (And if you work from home that will also include electricity, a portion of your rent/mortgage, equipment wear and tear etc. Really, it does.)
Personally, I think it isn't for you to worry about whether they are a new magazine or not and what their expenditure at this stage is, you have to charge what you are worth. They're not doing you a favour (believe me, they're not, that Editor isn't asking for your work to be kind to you, they are paying you because they want your work because they think it's right for the magazine).
However, if you wish to charge them less than normal because you want more work from them and you think it might be worth it in the long run, it sometimes does help to point out those facts: you are charging them less this time because you can see a long term relationship being built from the inital contract.
But don't sell youself short just because it is your first paying job and because you are so chuffed they've asked for your work that you can't think straight.
If you do that you'll end up being paid tit all for a long, long time. |
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