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Project minimum pricing⚠️ Note, you need to make a copy of this sheet in order to edit it. Go to File -> Make a Copy (You will need to be logged in to a Google account to do this).
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Description
Edit the yellow parts
Note
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How much money would you like to have in your pocket at the end of the month?€1,000.00
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How many days would you like to work in month?16daysThe 4 day workweek is equal to 16 days per month, while a full workweek of 5 days is closer to 21 days per month.
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Let's save up for holidays and sick days.3daysIf you plan on having at least 20 days of leave per year, as well as counting on 1-2 sick weeks, you need to budget for 2-3 days per month.
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With an average tax rate of30.00%Tax rate really depends on where you are based, but calculating with 30% is a good rule of thumb.
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And business expanses (laptop, subscriptions, gas money, accountant, whatever)10.00%
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Let's save up for slower periods, with extra financial safety net of10.00%A downtime of 15% is realistic, this means that you would spend on average 2-3 days a month not working on any projects. Instead, you would be working on your business and getting new leads.
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You would need to make this much in a month.€2,000
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Hourly rate of...Daily rate of..Weekly rate of...If you are working on a project that takes 3 months, your minimum pricing is...If you are working on a project that takes 6 months, your minimum pricing is...
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€19€154€615€6,000€12,000
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Remember, these are minimum rates, you should only go HIGHER than these with value based pricing!
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