Ghostwriters from the Inside Out
Setting The (Actual) Price
Before having the above conversations, the pricing discussion will in many
situations have been theoretical, particularly if it started off as a discussion about
word counts, page counts, and so on.
If you’re going that way, you can skip this discussion for now. If instead you are,
or would prefer, to work on a project basis as we suggest, you should come to a
final meeting of the minds on price only when you have done the following:
• Discussed with the writer the exact style and purpose of the piece, and
• Discussed with the writer the exact length, or approximate length, you
• Discussed with the writer any and all special requirements or exclusions
• Agreed upon a timeframe for the work
Consider that most writers will want more money to work faster.
Like any professional, the writer is juggling projects, and if she is good, she will
have a number of things already happening when your project comes up (so
always ask about availability early in your negotiations). If you have flexibility
on time, you may be able to save some money – many writers we know will
provide a discount for work you don’t need finished for a month or two, as well
as charge a premium for work you want finished faster.
When you agree on a project price also agree on payment terms and tollgates and
put it all in writing, either the Work For Hire agreement itself or another
agreement. Again, if you are not comfortable with making the agreements,
consult with your attorney about them.
There are a million ways to agree to reconcile contractor work but most writing
deals operate one of three ways:
Payment in Halves or Thirds
© Copyright 2006 by Michael Rasmussen and Jason Tarasi - All Rights Reserved.