Hi
I posted a project on freelancers.net, and was amazed at the response, there are loads of starting-out web designers willing to add you to their portfolio for free, and there are even more based in the "sub continent" that offer good services.
I think though, that if you can show a good portfolio of happy customers then you should be able to charge a reasonable rate, I would think anything from 200 - 500 quid for a reasonably professional job would be workable.
If you like the business idea behind a potential client, why not investigate a "with-profits" type of deal ?
Just my tuppence worth

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