Freelancer & Small Business Calculators

Run your freelance practice or small business by the numbers. Calculate your ideal hourly rate, track billable hours, estimate startup costs, analyze profit margins, find your break-even point, and manage cash flow. Essential tools for independent professionals and entrepreneurs.

Freelancer Tools

Rate setting, billable hours, and time tracking for freelancers.

Business Finance

Startup costs, employee costs, cash flow, and profitability tools.

Pricing & Profitability

Profit margin, markup, break-even, and invoice tools.

Frequently Asked Questions

How do I set my freelance hourly rate?

The freelancer rate calculator helps you determine a sustainable hourly rate by factoring in your desired annual income, business expenses, taxes, non-billable hours, and vacation days. Most freelancers need to charge 2-3x what they would earn as an employee to cover self-employment taxes, health insurance, and unpaid time off.

What is the difference between markup and profit margin?

Markup is the percentage added to cost to get the selling price (cost-based), while profit margin is the percentage of the selling price that is profit (revenue-based). A 50% markup on a $100 item means selling at $150 (50% of cost). The profit margin on that $150 sale is 33% ($50 profit / $150 revenue). Our markup and profit margin calculators convert between both.

How do I calculate my break-even point?

The break-even calculator divides your fixed costs by the difference between selling price and variable cost per unit. For example, if fixed costs are $10,000/month, you sell at $50, and each unit costs $30 to make, you break even at 500 units ($10,000 / $20 contribution per unit). This tells you the minimum sales needed to cover all costs.

How much does it really cost to hire an employee?

The true cost of an employee is typically 1.25 to 1.4 times their salary. Beyond the base pay, employers cover payroll taxes (7.65% for FICA), health insurance ($6,000-$15,000/year), retirement contributions, workers' comp, paid time off, equipment, and office space. The employee cost calculator breaks down all these components.

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