How to calculate your charge-out rate
Working out your hourly charge-out rate is one of the first things you think about when starting your trade business. How can you make sure you get it right? The trick is coming up with a rate that's in line with the rest of the market and that will cover you and your team's costs, and above all — improve your profitability.
Calculating an accurate charge-out rate doesn’t have to be a daunting task, and you don’t need to be a mathematical whiz. However, you must take the time to sit down and work out your figures properly. The better these calculations are, the more accurate your charge-out rate will be.