9 Factors to help determine rates

As a followup to their Hourly Rate Calculator, Freelance Switch offers a list of 9 Factors to Consider When Determining Your Price. Here's an important one for both piano teachers and performers that is all too often overlooked:

7. Your Business Strategy
Your strategy or your angle will make a huge difference to how you price yourself. Think about the difference between Revlon and Chanel, the two could make the same perfume but you would never expect to pay the same for both. Figure out how you are pitching yourself and use that to help determine if you are cheap’n'cheerful, high end or somewhere in between.