Pricing & Value
Pricing your work fairly. Charging what it’s worth.
-
Is It Too Soon to Raise Rates If I Just Did It a Year Ago?
Q: I raised my rates about twelve months ago. My practice filled quickly and I’m seeing strong signals that the rate might still be too low. Is it…
-
How Do I Handle a Client Who Has Been With Me for Years at the Old Rate?
Q: I have a client who has been working with me for four years. She was with me from the beginning. I feel like I can’t raise rates…
-
Should I Raise Rates Before or After Getting More Credentials?
Q: I’ve been thinking about raising my rates, but I keep telling myself I should get my advanced certification first so I have more to justify the increase.…
-
What Happens If a Client Negotiates My Rate Increase?
Q: A client responded to my rate increase announcement by asking if we could “work something out” on the new rate. I wasn’t expecting this and I don’t…
-
Can I Raise Rates for New Clients Only and Keep Existing Clients at the Old Rate?
Q: I want to raise my rates, but I don’t want to lose my existing clients over it. Can I just charge new clients the higher rate and…
-
What If I Raise Rates and My Income Goes Down?
Q: I’m afraid that if I raise my rates and lose clients as a result, my income will actually go down, not up. Is that a real risk?…
-
Do I Need to Explain My Rate Increase in the Announcement Email?
Q: I’m writing the email to tell my clients about my rate increase and I’m not sure how much explanation to include. Do I need to justify why…
-
Is It OK to Raise Rates If My Practice Isn’t Full?
Q: My practice is about half full. I know my rate is too low, but I feel like I should wait until the practice is fuller before raising…
-
How Far in Advance Should I Tell Clients About a Rate Increase?
Q: I’m planning a rate increase and I’m not sure how much notice to give my clients. I’ve heard everything from two weeks to three months. What’s actually…
-
What If a Client Says They Can’t Afford the New Rate?
Q: A client responded to my rate increase announcement by saying the new rate is outside their budget. I don’t want to lose them, but I also don’t…