02012 Annual Report
Throughout all of 02012, we kept track of our hours and to which client and the type of work. It wasn’t easy and we probably missed a bunch of items here and there, but we’ll continue because we see the value. The reason we started all of this was due to not knowing if the business was making money or losing it. You can improve what you aren’t measuring. This is a glimpse of how we spent our time in 02012, some of the numbers are surprising, even for us!
Getting to your minimum hourly rate
If you are starting your business or freelancing, you need to figure out your minimum hourly rate. It isn’t hard, but it probably factors in many more things you never considered. In this article, we’ll create a simple spreadsheet to let you know how to calculate your minimum hourly rate to keep the company afloat.