How to Work Out What to Charge Clients
I wrote a similar post [1] in which I suggest charging <i>at least</i> 4x the rate you'd charge working full-time at a company.<p>So, if you normally make $60/hr working full-time (converts to $120k/year), then as a freelancer I'd suggest charging at least $240/hr if you plan on having anywhere near a similar lifestyle.<p>This is because 50% of your working time goes towards marketing, self-promotion, and other things clients don't pay you for. And 50% of your revenue goes towards taxes, office space, and buying products and services to support your business.<p>It's a rough calculation, but I think it explains why a lot of freelancers massively undercharge when first starting out. 4x your normal rate just seems so high until you think of the real costs.<p>[1] <a href="https://blog.artisfy.com/2017/04/13/charge-at-least-this-much-to-make-your-freelance-business-sustainable/" rel="nofollow">https://blog.artisfy.com/2017/04/13/charge-at-least-this-muc...</a>