Calculate billing rates for consulting and services.
Calculate optimal billing rates for consulting and professional services based on your costs, desired profit margins, and market factors.
Typical: 1200-1800 hours (excludes vacation, sick time, admin)
Office, equipment, software, marketing, insurance, etc.
Healthcare, retirement, payroll taxes (typically 25-40%)
Desired profit margin on total costs
Percentage of total work time that's billable
Industry standard multiplier (1.2-2.5)
Additional premium for business risk and uncertainty
Covers costs only
With profit margin
8-hour day
Full-time equivalent
Low-risk projects
Standard projects
High-value projects
Your rate vs industry range
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