- 
Accurate Estimates: Calculate hourly rates based on expenses, taxes, and desired income.
- 
Streamlined Invoicing: Generate professional invoices with ease.
- 
Financial Clarity: Track income, expenses, and profits in real-time.
- 
Scalability: Adapt to changing business needs and rates.
- 
Hourly Rate Calculator: Determine optimal hourly rates based on:
- 
Expenses (fixed and variable)
- 
Taxes (federal, state, and local)
- 
Desired annual income
- 
Billable hours per week/month
- 
Invoice Template: Generate customizable invoices with:
- 
Client information
- 
Project details
- 
Hourly rate and total amount
- 
Payment terms
- 
Expense Tracker: Monitor and categorize expenses, including:
- 
Business expenses (equipment, software, etc.)
- 
Taxes (federal, state, and local)
- 
Personal expenses (health insurance, etc.)
- 
Profit and Loss Statement: Visualize financial performance with:
- 
Income and expense breakdowns
- 
Net profit calculations
- 
Graphical representations
- 
Create a Google Sheet: Go to (link unavailable) and create a new sheet.
- 
Copy the Template: Search for “freelance hourly fee calculator” in the Google Sheets template gallery and copy the template.
- 
Customize the Calculator: Input your:
- 
Business expenses
- 
Tax rates
- 
Desired income
- 
Billable hours
- 
Update the Invoice Template: Add your logo, client information, and payment terms.
- 
Regularly Update Expenses: Ensure accurate financial tracking.
- 
Adjust Hourly Rates: As business needs and expenses change.
- 
Use Automated Invoicing: Streamline client billing.
- 
Monitor Profit and Loss: Make informed business decisions.
- 
Microsoft Excel: Offers similar functionality, but requires software installation.
- 
FreshBooks: A comprehensive accounting and invoicing platform.
- 
Wave: A cloud-based accounting and payment processing tool.
- 
Accurately estimate hourly rates
- 
Streamline invoicing and expense tracking
- 
Gain financial clarity
- 
Scale their business with confidence
- 
Create a Google Sheet
- 
Copy the Freelance Hourly Fee Calculator template
- 
Customize the calculator to your needs
- 
Start streamlining your financial management
