This calculator helps you determine the right price for your products or services based on your direct costs, time investment, hourly rate value, and target profit margin.
Purpose:
This calculator helps you determine the right price for your products or services based on your direct costs, time investment, hourly rate value, and target profit margin.
Tips for Ongoing Use:
Bookmark this page (Ctrl+D or Cmd+D) for quick access.
- Recalculate when your costs change
- Use before quoting new types of work
- Compare against competitor pricing regularly
- Adjust margin targets based on market positioning
Understanding Basics:
Your price must cover direct costs plus the value of your time, then add margin for profit. The formula is: Total Cost ÷ (1 - Margin %) = Price.
Benefits for SMEs:
- Stop undercharging based on gut feel
- Understand the true cost of your time
- Price confidently against competitors
- Maintain healthy margins on every job
Considering building an internal finance team?
We'll show you exactly what our three-tier model covers, how it compares to internal hires, and what it would cost for your business.
We'll reply within 24 hours to book your free 30-minute call.
No lock-in contracts and 30-day money-back guarantee.
