Tax season AND calculating rates?! What more could a girl ask for!!
Perhaps a sweet treat and some guidance, brought to you by the internet creatives:
A Google Sheet that really inspired flashbacks to a Schedule C spit out some mathematically magic numbers for break-even points, but I found it challenging to estimate paid hours per week. As a freelancer, that’s often a metric out of your control.
Sure, you can be working—networking, submitting project proposals, ideating and writing said proposals, pulling together end-of-month accounting, putting together marketing assets, and more—but no one is paying you for those hours, at least not right away.
I did find a few multipliers and considerations to be helpful in appropriately scaling a base rate. One considered your experience + the project's demand + the project's scope. Another brought the client's position and equity into play...all important things to wrap into a quote.
And on that note, enjoy some happy dogs.
