Decide your salary
Sometimes we forget to include our monthly salary as an expense.
It is, since it comes out of your business's cash register.
This section is laborious because you have to review all those bills or concepts that you pay every month: rent for the apartment, office or coworking space, electricity, internet, self-employed fee, manager, health insurance, etc.
Set the hours of your work day
How many hours are you going to work a day?
Add up the ones you get per month.
Observe and calculate the time that you do russian virtual mobile number not produce, the time that is not billable
I was already telling you that I didn't think about including as a cost the hours that I don't work, for example, because the initial documentation for a new project needs to be prepared.
You already know that the economic life of the self-employed can be a roller coaster, especially at the beginning.
So save today in case there is no tomorrow.
A project may fail unexpectedly and cause your finances to suddenly become unstable.
Try to have a surplus to help you through the bad times in the business.
Why is it important to know how to calculate the price of your hourly work as a freelancer?
The answer to this question lies in another question: do you know your costs?
We have just discussed this topic in detail, but I want to emphasize that when we talk about “costs” for a self-employed person, we are referring to “all” of their costs.
Including mortgage and dry cleaning, for example.
In this sector of digital marketing we often get infected with the idea that digital things are free.
How many times have you said that your costs to start your business are zero?
No, they are not.
You are a freelancer and your cost to start your project is the electricity you pay for the apartment you live in, the gas for the motorcycle to go deliver documents and everything else you pay each month.