Free Tradesman Calculator
Calculate your honest hourly rate for your trades business. Factor in all expenses, capacity constraints, and profit margins to price your services right and build a sustainable business.
Work Schedule & Capacity
Define your working hours and billable capacity
Total Work Days/Year
237
Total Work Hours/Year
1,896
Available Billable Hours
5,688
Annual Billable Hours
4,266
Business Expenses
Track all annual operating and growth expenses with hourly breakdowns
Operating Expenses
Annual business expenses and hourly breakdown
Personnel Costs
Employer Taxes
$32,400.00
Insurance & Benefits
Vehicle Expenses
Office & Operations
Marketing & Professional Services
Other Expenses
Total Operating (Annual)
$457,500.00
Total Operating (Hourly)
$107.24
12-Month Growth Expenses
Investment in business growth and expansion
Total Growth (Annual)
$28,000.00
Total Growth (Hourly)
$6.56
Business Overview
Key metrics and financial insights for your business
Your Hourly Rate
With 50% profit margin
Annual Billable Hours
18 hrs/day average
Total Annual Expenses
$2,048.52/day
Annual Revenue Target
At full capacity
Expense Breakdown
Where your money goes annually
Operating Expenses
$107.24/hour
$457,500.00
94.2% of total
Growth Expenses
$6.56/hour
$28,000.00
5.8% of total
Total Expenses
$113.81/hour
$485,500.00
Annual total
Break-Even Analysis
Hourly break-even rate
$113.81
Daily break-even revenue
$2,048.52
Annual break-even revenue
$485,500.00
Profit Projections
Profit per billable hour
$113.81
Daily profit potential
$2,048.52
Annual profit potential
$485,500.00
Daily Break-Even Analysis
Understand what it takes to cover expenses each working day
Daily Operating Cost
$2,048.52
Per working day
Daily Break-Even Revenue
$2,048.52
Minimum to cover costs
Daily Billable Hours
18 hrs
Average sold per day
Daily Revenue Capacity
$4,097.05
Target with profit margin
Understanding Your Daily Numbers
Daily Operating Cost: Every working day, your business spends $2,048.52 on expenses before earning a single dollar.
Break-Even Point: You need to bill at least $2,048.52 each day just to cover costs with zero profit.
Profit Target: To achieve your 50% profit margin, aim to bill $4,097.05 daily (18 billable hours at $227.61/hr).
Your Honest Hourly Rate
Final calculation based on all expenses and profit margin
Total Expenses (Annual)
$485,500.00
Hourly Expense Rate
$113.81
Your Honest Hourly Rate
$227.61
This rate covers all expenses and your desired profit margin
Revenue Projections
| Time Period | Expenses | Revenue (Full Capacity) | Profit | Profit Margin |
|---|---|---|---|---|
| Per Hour | $113.81 | $227.61 | $113.81 | 50% |
| Per Day | $2,048.52 | $4,097.05 | $2,048.52 | 50% |
| Per Week | $9,336.54 | $18,673.08 | $9,336.54 | 50% |
| Per Month | $40,458.33 | $80,916.67 | $40,458.33 | 50% |
| Per Year | $485,500.00 | $971,000.00 | $485,500.00 | 50% |