| there has been plenty of discussion on this, do a search.
but in short, consider the following:
how many songs
how much time you will need to prepare
time for rehearsals, if necessary/appropriate
time for recording
what your time is worth
how much you like the music/people who are paying you
exposure/referrals from the recording (may encourage you to charge less if that is an issue)
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Fender MIJ Club #49
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