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Anybody found a good way to calculate and pressure test independent hourly rates? Other than divide tc into hourly rate x 2-3?

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i would try to figure out what firms charge and undercut them. for instance, maybe deloitte charges $250/hr for someone to do the work you do. that person obviously sees a small fraction of that - maybe they make $150k/yr all-in. you can charge $200/hr, save the client money, and make out like a bandit. that’s $400k/yr annualized. obviously less after taxes and paying for all your own benefits, but still, you see what i’m getting at. as a contractor, you don’t have the admin overhead, so just make yourself relatively cheaper to the client and make more money at the same time.

Get offers with said rates

Gross margins run at least 50 pcent. No way you take 150k on 250k charge rate

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