Freelance web design is a very intriguing venture as, if done right, it can be quite profitable. However it is very important to charge your clients properly, and fairly. In order to make sure we are doing this there are two way we can charge our clients – a fixed price, or hourly rate. Both are fine, though each has their pros and cons.
Fixed prices usually make us less money but are generally easier for small businesses and people on smaller budget, while hourly rate (depending on how much you charge) can make you more money, but usually cost clients more.