Use a simple formula: Hourly Rate = (Desired Income + Expenses) ÷ Number of belgium whatsapp mobile phone number list Billable Hours per Year For example, if you want to earn $60,000 per year and plan to work 1,000 billable hours, your hourly rate would be $60. Pro Tip : Consider using a freelancer salary calculator to simplify the process.

There are many tools available online that take into account location, experience level, and industry standards. pricing strategy Pricing Strategy 2 – Project Based Pricing What Is It: Instead of hourly rates, project-based pricing involves setting a fixed price for the entire project. This is great when you have a clear understanding of the scope, timeline, and deliverables up front.