These four have to add up to exactly 100%. The defaults are set to a standard split, so you only need to change them if you want to assign different percentages.
NOTE: If you don’t like the numbers you got in your result, enter some new ones & try again! Don’t worry, it doesn’t save or tell me what’s been entered so this is all for fun!
How this basic calculator works:
Pick a dollar amount for your hourly rate + expected time worked
doubling that result can help save for paying yourself, taxes, expenses & profit
Or pick a project rate you want to charge
see how that rate would break into different chunks
Spit it up into buckets:
divide that rate by the following (for Profit First buckets):
0.5 = 50% of the package fee for your paychecks
0.25 = 25% of the package fee for Taxes
0.2 = 20% for the package fee for Expenses
0.05 = 5% for the package fee for Profit
Change any of the percentages if you want to, but make sure all 4 percentages still total 100%
Copy your results to your clipboard & paste somewhere to ‘save’ your results
This calculator does NOT save your history as you use it.
the full Pricing Calculator Google Sheet template (option 2)
Just fill in the yellow cells/fields, then see the calculations output for: packages, hourly rate, annual income projections, and monthly earning goals.
