Most people set their rate by asking what the person down the road charges. That tells you what they are willing to accept, not what you need. This works backwards from the money you actually want to keep.
Van, insurance, phone, software, advertising
Driving, quoting and paperwork are not billable
Charge at least
$75.32/hr
This is break-even on your own target, before profit. Anything you want left over on top of your wage goes on above this number.
Because driving, quoting, ordering and invoicing are hours you work and nobody pays for. If only 65% of your hours are billable, the other 35% have to be paid for by the rate on the ones that are.
Treat the income box as your wage. Anything you want left in the business on top of that goes on above the number this gives you.
No. It is worked out in your browser and nothing is sent anywhere.
Doing this on every job?
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