Professional
ืืืืื, ืคืจืื ืืืื ืื
Calculate required billable hourly rates, project pricing, and annual gross revenue targets after taxes, expenses, and platform fees
ืืื ืขืจืืื
ืืชืืฆืืืช ืืชืขืืื ืืช ืชืื ืืื ืืงืืื.
The Freelancer Rate Formula: Gross revenue target = (Desired Net Income รท Tax Reserve Multiplier + Business Expenses) รท Payment Fee Multiplier.
Billable Capacity vs. Total Hours: Freelancers average only 20โ30 billable client hours per 40-hour work week due to unbillable sales, admin, accounting, and marketing time.
How many billable hours should a freelancer expect per week?
Full-time freelancers typically log 20 to 30 billable hours per week out of a 40-hour work week. The remaining 10-20 hours go toward marketing, invoicing, sales calls, and administrative work.
How much should freelancers set aside for self-employment tax?
In the US, freelancers typically reserve 25% to 35% of gross profits for federal, state, and self-employment taxes (FICA 15.3% plus income tax).
What is the difference between hourly and value-based project rates?
Hourly pricing charges for elapsed billable hours, while value-based project pricing charges based on project scope, deliverables, and business value generated for the client.