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Average budget?

  • # March 18, 2011 at 6:53 pm

    What is the average budget of projects you work on in your freelance business?

    # March 19, 2011 at 1:50 am

    Usually under $10 million. But if you were to take an average, then probably around $2,500. Although it doesn’t help that I live in Minnesota.

    # March 19, 2011 at 4:21 am

    As I’m sure you know, budgets depend on many factors.

    To name a few:

    • Your location, this is a big one.
    • Competition, their prices, ect
    • The client (do you like him/her, previous business, ect)
    • The scope of the project (obviously 200 page, CMS driven eCommerce site is going to cost them)
    • How well the clients business is going (Successful established business will expect to pay more than a new start-up, for example.)
    • Your expenses

    In my current situation I work with a PHP developer, we usually charge between $750 – $3500 for different levels of sites.

    Recently we were talking with a client who wants a re-design and a much more robust eCommerce solution than what she currently has.

    Once we received the basic questionnaire, we sent her a ballpark figure and she was shocked “why are you so cheap?” she was previously quoted $8000 elsewhere.

    So an “average” is a hard number to determine, something around $1500-$2000 for us currently if I had to choose.

    # March 19, 2011 at 7:01 am

    I’d like to add something to the original post. I’d like to know what type of businesses spend this amount of money?

    Are they home-based, contractors, professionals?

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