How to Price Your Service: Worksheet

Step 1: Your minimum rate

Monthly income you need (living + savings + taxes): A = ___

Monthly business costs (internet, software, equipment, transport): B = ___

Billable hours per month (realistic: 50–60% of working hours): C = ___

Minimum hourly rate = (A + B) ÷ C = ___

Example: (1,200 + 150) ÷ 80 = 16.9 per hour. Never go below this.

Step 2: Check the market

Find 5 competitors. Write their prices for a similar service. Where do you sit: budget, middle, premium? Your position must match your quality, speed and trust signals.