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.
This tool provides rate estimates based on your inputs, not financial or legal advice. Verify all figures with your accountant or financial professional before making business decisions.
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