Calculate your true required hourly and day rate.
Account for unbillable drive time, van expenses, helper wages, taxes, and target profit margin.
Quick Presets:
$100,000
Fixed OverheadInclude truck payments, fuel, general liability and workers' comp insurance, shop rent, phone bills, tool replacement, and software.$25,000
40 hrs
48 wks
Non-Billable TimeTime spent driving between jobs, picking up materials, estimating, and bookkeeping. Only active on-site work is directly billable to customers.14 hrs/wk
Net MarginProfit remaining after all direct job costs, employee wages, and fixed business overhead are paid.20%
Labor BurdenAdds an estimated 15% on top of helper wages for employer payroll taxes and similar costs. Workers' comp is not included, so add it to the wage if you pay it.0 Helpers
Required Billable Hourly Rate
$125 / hr
Breakeven Rate (0% Profit)$100/hr
Required Full-Day Rate$1,002
Billable Hours per Week26 hrs/wk (1248 yr)
Annual Gross Target$156,250
Gross Revenue Distribution:
Labor (64%)
Overhead (16%)
Profit (20%)
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