Ensure your business is profitable by charging the right amount.
Calculate your required billable rate based on your net income goals.
This is your "Take Home" pay
Tip: This is your break-even rate. Most senor freelancers add a 20-30% "profit margin" on top of this number for growth and savings.
Enter the 'Take Home' pay you need to support your lifestyle.
Input your business costs (software, equipment, insurance) to ensure they are covered.
Be realistic about how many hours you can bill per week and how much vacation you plan to take.