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Link: http://www.creativelatitude.com/neils_newbies/neils_newbies_0206.html#...Figuring your real hourly rate.
By Neil Tortorella
A better way to approach the problem is figuring out your bottomline — where you need to be to really make money. Go below this point and you're paying your client for the honor of working for them. The more work you take on at the wrong rate, the deeper the hole you'll dig for yourself. You can actually "sell" yourself right out of business with a rate that's too low. Go too high and you'll price yourself out of the market. Once you know the true costs of doing business, you can make sensible decisions. more...
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