Free Tool for Shop Owners
Break-Even
$0.00
Target Rate
$0.00
Projected Revenue
$0
Cost of Doing Business
This is where your rate gets built from the ground up. Your shop has real costs. Rent, payroll, equipment, utilities, insurance. Every one of those dollars has to be recovered through your labor rate. Add it all up, decide what you want to make on top of it, and divide it by the hours your shop can actually bill. That's your rate. Simple math, but only if every cost is accounted for. Round up when in doubt — your rate has to carry all of it.
Don't know your exact costs?
Download this worksheet and hand it to your accountant or bookkeeper. They'll have every number you need.
What are you currently charging?
Enter your base body rate to see how big the gap is
Total Cost of Doing Business
TOTAL CODB
$0
Direct Labor
$0 (0%)
Facility
$0 (0%)
Equipment
$0 (0%)
Operating
$0 (0%)
This tool provides business analysis, not financial or legal advice. Review final rate decisions with your accountant.
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