RateMate will help you determine the proper hourly rate for your business or services. Too often, businesses fail to charge enough for their time, with rates based on things like:
Selection of an hourly rate based on any of these criteria (or others) can lead to under- or over- charging for one's services or the services of one's business.
Instead, this tool allows you to select your hourly rate based on knowledge - of your overhead expenses, desired income, tax situation and personal needs. Once you are charging this way, you will have the confidence of knowing that you are charging the proper amount for your services, and that you are making a fair profit every time you set to work on a new project.
It is recommended that you update your hourly rate quarterly at minimum, to keep current with your changing business environment.
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