How it works
Hourly rate = (annual income target + annual overhead) รท annual billable hours.
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Turn an annual income target and business overhead into a billable hourly rate.
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Your answer
Hourly rate = (annual income target + annual overhead) รท annual billable hours.
$80,000 income, $20,000 overhead, and 1,000 billable hours needs $100/hour.
This is a calculation from numbers you supply, not financial or tax advice. Check assumptions before making a decision.