The Teacher's Guide to Pricing Matters

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Freelance teachers often find themselves undercharging for their services, leading to a cycle of frustration and career abandonment. This resource offers a comprehensive guide to establishing a sustainable pricing strategy for teaching services, addressing the challenges of the freelance market. Janine Bray-Mueller shares vital lessons from her experience as a freelance language teacher, emphasizing the importance of balancing consultancy, training, and leverage to create a thriving business. In a competitive landscape, understanding pricing is crucial, especially during economic uncertainty. Teachers often struggle with underpricing due to self-doubt or lack of awareness about their worth. The concept of a 'resentment number' is introduced, which is the minimum price a teacher should accept without feeling undervalued. While awareness of local market rates is essential, it is not the sole determinant of pricing. Janine advocates for value-based pricing, offering practical advice on how to implement this flexible approach. She provides step-by-step instructions to identify personal and business costs, calculate available teaching time, and determine a pricing range. Additional resources, including charts and Excel worksheets, are available upon request. With engaging insights, this guide equips freelance teachers to effectively manage pricing and build a financially stable, long-term career.