================================================================ FREELANCE PRICING CALCULATOR SoloStack — solostack.madethis.app ================================================================ STEP 1: CALCULATE YOUR BASE HOURLY RATE ---------------------------------------------------------------- Target Annual Income (take-home): $__________ Weeks Worked Per Year (52 minus vacation): __________ weeks Hours Per Week (billable only): __________ hours Total Billable Hours Per Year: = Weeks Worked × Hours/Week = __________ × __________ = __________ hours Overhead/Tax Adjustment Factor: ÷ 0.6 (This accounts for ~30–40% self-employment taxes, health insurance, software, and business expenses) BASE HOURLY RATE: = Target Income ÷ Total Billable Hours ÷ 0.6 = $__________ ÷ __________ ÷ 0.6 = $__________ per hour EXAMPLE: Target income: $80,000 Weeks worked: 48 Hours/week: 25 Total billable hours: 48 × 25 = 1,200 Base hourly rate: $80,000 ÷ 1,200 ÷ 0.6 = $111/hr ================================================================ STEP 2: CALCULATE YOUR PROJECT RATE ================================================================ Estimated Hours for Project: __________ hours Your Base Hourly Rate: $__________ Complexity/Scope Buffer (×1.3): × 1.3 PROJECT BASE RATE: = Estimated Hours × Hourly Rate × 1.3 buffer = __________ × $__________ × 1.3 = $__________ The 1.3 buffer accounts for: - Scope clarification and client communication - Revisions within scope - Admin, invoicing, and handoff time - Unexpected complexity ================================================================ STEP 3: APPLY VALUE-BASED PREMIUM MULTIPLIER ================================================================ Value-based pricing shifts the anchor from "how long will this take me?" to "what is this worth to the client?" Apply ONE multiplier from the table below based on the specific engagement type: MULTIPLIER TABLE: ---------------------------------------------------------------- Standard work (typical scope, normal timeline) × 1.0 Rush/expedited delivery (< 50% of normal timeline) × 1.5 Specialist expertise (niche skill, rare knowledge) × 2.0 High-ROI outcomes (revenue impact, launch critical) × 3.0 ---------------------------------------------------------------- HOW TO ASSESS ROI FOR HIGH-MULTIPLIER WORK: Ask the client during discovery: - "What's the expected revenue impact of this project?" - "What does it cost you per day if this isn't done?" - "What have you tried before that didn't work?" If a landing page you write converts at 3% and drives $50,000/month in sales — your work is worth far more than your hourly rate. Price to the outcome, not the effort. FINAL PRICE CALCULATION: Project Base Rate: $__________ Value Multiplier: × __________ FINAL PROJECT PRICE: $__________ SANITY CHECK: Is this > your minimum project rate? (see Step 4) Y / N Does it reflect the client ROI? Y / N Would you feel good delivering this? Y / N ================================================================ STEP 4: SET YOUR MINIMUM PROJECT RATE ================================================================ Never take a project below your minimum — the admin overhead alone makes small projects unprofitable. Your Base Hourly Rate: $__________ Minimum Hours for Any Project: __________ hours (Recommended: 4–8 hours minimum) MINIMUM PROJECT RATE: = Base Hourly Rate × Minimum Hours = $__________ × __________ = $__________ Examples by service type: Logo design: $500–$1,500 minimum Website copy: $750–$2,500 minimum Full website: $3,000–$8,000+ minimum Brand strategy: $2,500–$10,000 minimum Social media mgmt: $800–$2,000/month minimum ================================================================ NOTES ================================================================ - Recalculate your base hourly rate every 6–12 months - Track actual hours vs. estimated to improve accuracy - Your rate should increase as you gain expertise - Download the Rate Card Template to formalize your pricing More freelance resources: solostack.madethis.app/resources ================================================================