Yes, and don't count your chickens before they hatch. "Could pay dividends down the road" could pay dividends, or could lead towards their always taking for granted that you work for cheap. So, yes, I agree, at least try to recoup your expenses--ALL of them. Also remember that, if you are in the US, this is taxable income, although you can subtract your expenses from that. Income tax and social security amount to about 40%. Of course, if your self-employed income isn't much (I don't remember the floor off hand), you don't have to pay social security withholding, but if you want to be honest and fair, and you don't expense away everything, you should pay the income tax. Ann Wass In a message dated 2/22/2011 2:34:28 P.M. Eastern Standard Time, rmitch...@staff.washjeff.edu writes:
Charging what the market will bear is indeed a starting point for reputation for you,?and skill learning for your students.? This is somewhat the direction I took in 1976 when I started my costume service business.? Once again, make sure your out of pocket expenses are being covered...that one took me some time to realize how all the small items contributed added up on the profit-loss column. You can?'donate' your time and effort, but it shouldn't be a "Goodwill profit" . In the long run, I made my profit on volume and repeat customers...and when they wanted a first class product, I was first in mind and they did not quibble on the difference of cost between costume and Costume! Good luck as you try to figure out how to do the project for your area. Kathleen -----Original Message----- From: "Astrida Schaeffer" <astr...@schaefferarts.com> Sent 2/19/2011 12:00:47 PM To: "Historical Costume" <h-cost...@indra.com> Subject: Re: [h-cost] pricing guidelines?This is a very small for-profit sewing school. The sort of thing where I can't really charge what I think I should, but it could pay dividends down teh road if I do this. On Feb 18, 2011, at 10:17 PM, R Lloyd Mitchell wrote: > At least mmwage for actual hours on the job as well as class prep.? All out of pocket expenses from thread and needles to gas. Then there is the matter of professional? recognition for your expertise. If you start with that, then it should be understood that an additiona fee would be expected for your time and expenses.? Is this a for=profit enterprise or community activity. > -----Original Message----- > From: "Astrida Schaeffer" <astr...@schaefferarts.com> > Sent 2/18/2011 4:02:06 PM > To: "Historical Costume" <h-cost...@indra.com> > Subject: [h-cost] pricing guidelines?Hi-- > I am terrible at pricing my work and time. May I please ask for some advice from you all? > I've been approached about helping run a week of summer camp focused on 19th c. sewing. I'd bring the girls behind the scenes at a local museum to look at collections, lecture on 19th c. fashion developments, show reproductions for them to try on (already existing, not made for this camp), teach some hands-on techniques. I'm not running the camp, but I'd be one of the main teachers. > The organizer is asking for pricing and I simply have no idea what to tell her. I'm guessing my daily involvement during the 5 days would be usually about 2-3 hours, however there would be a good deal of prep work I'd be doing ahead of time. > What say you? > Many thanks, > Astrida > _______________________________________________ > h-costume mailing list > h-costume@mail.indra.com > http://mail.indra.com/mailman/listinfo/h-costume_______________________________________________ > h-costume mailing list > h-costume@mail.indra.com > http://mail.indra.com/mailman/listinfo/h-costume _______________________________________________ h-costume mailing list h-costume@mail.indra.com http://mail.indra.com/mailman/listinfo/h-costume= _______________________________________________ h-costume mailing list h-costume@mail.indra.com http://mail.indra.com/mailman/listinfo/h-costume _______________________________________________ h-costume mailing list h-costume@mail.indra.com http://mail.indra.com/mailman/listinfo/h-costume
