How much should you charge for your services?

If you have a business that charges out, or has costs paid for, on an hourly basis, how do you know if you are charging enough? With our simple, but powerful hourly rates calculator you’ll be able to quickly and easily find out.

Whether you are starting a new business or have been established for some time, you need a robust way to figure out what to charge and should regularly review your pricing, to ensure you are continually maximizing your profits whilst retaining competitiveness.

What pricing methods do you currently use? Do you charge by the hour, per project, use a cost plus method or a % commission? Whichever method you use, you need to know how long it takes to deliver your service and what your costs are. You also need a clear understanding of what profits you want to make and what your competitors are currently charging.

Take the guesswork out of calculating your hourly rates. With our hourly rates calculator you will be able to calculate what your rates need to be taking into account your expenses, billable hours and profit objectives. In addition, you can easily simulate different scenarios, to help you make better pricing decisions.

• Calculate what you need to charge based upon your profit objectives
• Calculate your billable hours
• Include your fixed costs
• Calculate your variable costs
• Simulate your pricing using different profit margins

Our hourly rates calculator is a simple, but powerful way to help you make pricing decisions. It’s free to use and we’re here to help if you have any questions.