How should a handyman calculate a profitable hourly rate?
Direct answer: Set your hourly rate by starting with overhead and required take-home pay, then dividing by your realistic billable hours.
Practical steps
- Total your overhead: Add fixed monthly expenses and business costs.
- Set income target: Decide what you must net to be worth it.
- Use billable hours: Divide by realistic billable hours, not 40 hours/week.
Next step: Run the calculator with your real overhead and set a rate you can defend confidently.
Category: Pricing