lol at the above comments.
Congrats - since the client is new to you and vice versa; you let them know what to expect and when to expect it.
For example: 2 days for draft / 1 day for revision / 3 days for final output.
and be prompt with responses. Clients love to think they own you for the duration of the project (and sometimes beyond!)
London based Freelance Graphic Designer and Web Developer