Work out your day rate and hourly rate from the income you actually need
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Income & expenses
Desired annual income (£)
Annual business expenses (£)
Profit / buffer margin (%)
Covers slow months, unpaid invoices, admin time
Hours per working day
Working days
Working weeks per year
Working days per week
Non-billable days per year
Holidays, sick days, admin, marketing - time you can't invoice for
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How your rate builds up
Day rate
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Hourly rate
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Billable days/yr
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Revenue needed
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