You already know what your right hourly price is. However many clients are going to request a fixed price. Some may request this even before they have a specification.
You can give a fixed price if
- The specifications are well defined.
- You know how to handle change requests.
- You are good with estimating time
- You are comfortable with the client. (It requires experience and git feeling to decide which client will demand a lot of changes and insist they are part of the original specifications.)
If ALL of these do not exist, you should be very wary of committing to a fixed price quote and instead insist on a hourly/weekly pricing.
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