How Freelance Developers Can Calculate a Minimum Floor Rate
A common approach to freelance pricing is comparing market rates, but that doesn't reveal the least amount a freelancer can accept without losing money. The article proposes calculating a floor rate by adding an income target, self-funded benefits, and business costs, then dividing by realistic billable hours. Using a worked example, the total needed is $75,000 and billable hours are about 1,080, producing a floor of roughly $70 per hour. The author stresses that the billable-time percentage strongly affects the result and that the floor is a minimum rather than a final price. The same figure can then be used to judge whether fixed-price project quotes are worth accepting.
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