T
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Hit 500 clients in my books and now I'm wondering if I should raise my rates or add more services.

Part of me thinks a price bump is overdue, but another part worries about losing regulars. What would you do first?
3 comments

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3 Comments
foster.charles
My last rate hike scared off my own reflection.
3
annanguyen
A friend of mine was in your exact spot last year. She raised rates for new clients right away, just like loganthompson said, and kept her current ones at the old price for six months. She sent a polite note explaining the change to her regulars later on, giving them plenty of warning. Only two people left, and the extra income from new clients let her work less while earning the same. It really proved her value and made room for better projects. She always says that slow, clear change is better than a sudden shock.
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loganthompson
Raise rates for new clients first.
2