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1 | 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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3 | Description | Edit the yellow parts | Note | |||||
4 | How much money would you like to have in your pocket at the end of the month? | €1,000.00 | ||||||
5 | How many days would you like to work in month? | 16 | days | The 4 day workweek is equal to 16 days per month, while a full workweek of 5 days is closer to 21 days per month. | ||||
6 | Let's save up for holidays and sick days. | 3 | days | If 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. | ||||
7 | With an average tax rate of | 30.00% | Tax rate really depends on where you are based, but calculating with 30% is a good rule of thumb. | |||||
8 | And business expanses (laptop, subscriptions, gas money, accountant, whatever) | 10.00% | ||||||
9 | Let's save up for slower periods, with extra financial safety net of | 10.00% | 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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11 | You would need to make this much in a month. | €2,000 | ⤵ | ⤵ | ⤵ | ⤵ | ⤵ | |
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13 | 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... | |||
14 | €19 | €154 | €615 | €6,000 | €12,000 | |||
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16 | Remember, these are minimum rates, you should only go HIGHER than these with value based pricing! | |||||||
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