What You Must Know To Get Paid As A Freelance Writer
When starting out as a freelance writer, there are many aspects of the business which are crucial to your long-term success. Two major considerations we will look at today concern how magazines pay for your work and how they accept submissions. When you write articles, there are three methods which magazines use to pay for work, which are by word, by page and by assignment.
I’ve worked for clients who use all of these methods. If you write for a magazine that pays by the page (say $50.00/page) and you write 4 pages, you just earned $200.00.If you write for a magazine that pays by the word (say 25 cents/word) and you write an article which is 1000 words in length, you just earned $250.00. Finally, there are magazines that pay a flat rate, say $500.00/article (and they will tell you how many words they want in the article).
Now that you know how magazines pay, the next subject is when. There are 3 main methods, on submission, on acceptance and on publication. The first method, on submission is when you submit your assignment, you can also submit an invoice. On acceptance means that while the magazine has received your work, it will need to be edited and you may have to go back and forth a few times before they are happy with it. Once they accept it, you can submit your invoice.
The third method, my least favorite, is on publication. This is when the magazine has a spot in their editorial calendar for your article and will publish it at that time. If you work for publications that do this, be prepared for a long wait. One magazine I worked for made me wait 9 months and they still hadn’t published my work. I finally pushed them to pay me, otherwise who only knows how long it would have been before they actually did so. I never wrote for them again.
Even once you’ve submitted your invoice it will still take time to get paid. In my experience, that usually happens within 30-60 days, though with some publications, it could take up to 120 days, though this is rare. This is important to know up-front. It is very important to read the writing agreements before you sign on. This will prevent some unpleasant surprises later.
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Today we’re going to look at joint ventures and how you can find partners for your freelance writing business. One option is to do searches using the Google Keyword Tool.