How to Determine Your Fee and Prepare a Quote
October 30, 2007
Here are several ways to determine your fee: Keep in mind that book ghostwriting fees can vary greatly and, as a general rule, can run anywhere from $10K to $50K for a full-length, non-fiction manuscript.
Considerations include:
Book length – (60,000 – 70,000 words is a conservative estimate)
How much (if any) of the book is done?
Is there already an outline or chapter structure?
Does the author have detailed notes or existing material?
How much research will be needed?
What will the client supply?
Are there other sources (from the author) that can be tapped, i.e. blog entries, previous interviews, articles, etc?
How many sources or people will need to be interviewed?
Is travel required?
What is the author’s deadline?
Does the client need a book proposal written before the book?
Will you be working with a co-author, agent or publisher?
Aside from the above considerations, think about your average hourly or daily rate, and try to get a sense of how long the book will take to write.
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