6.
Re: The best market for a writing service May 11, 2008 12:57 PM

in response to:
ladymom
Estimating your operational expenses is a business planning function. There are downloadable business plan templates and spreadsheets that can help you get started, and free assistance available from sources like SCORE.
Pricing is most commonly done in one of two ways. When the potential client posts or requests a proposal for a single project, the editor normally bids a price for the job. When the potential client is seeking to contract with someone for a longer term (to work on multiple jobs over a period of time), the editor generally quotes a per word rate for a given level of editing. (The editors I've worked with offer five levels, from simple proofreading to major rewrites with documented link verification, source confirmation, fact checking, etc. -- and the cost per word is higher at each level. Most of them post these rates on their websites, but a good client will expect to negotiate down from there before an agreement is signed.)
Hope that helps.