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I just want to be the same with the majority, in other forum they suggest this formula:

 

charge = (rate per hour x total estimated hours of development) + 25% of it.

 

what can you say about that.

Sounds fine, play with the percentage on a case by case basis though.

dont really understand the +25% part...wouldnt you just charge by the hour???  if you are going to mess around like that, just raise your hourly rates by 25%.

The 25% is mark-up, his profit margin. It comes in useful for when you want to do trade rates etc.

dont really understand the +25% part...wouldnt you just charge by the hour???  if you are going to mess around like that, just raise your hourly rates by 25%.

The 25% is mark-up, his profit margin. It comes in useful for when you want to do trade rates etc.

so what do you say that your rates are when you give an estimate?  do you say, "i charge $40 an hour +25%"?  or do you just say, "i charge $50 an hour"?

dont really understand the +25% part...wouldnt you just charge by the hour???  if you are going to mess around like that, just raise your hourly rates by 25%.

The 25% is mark-up, his profit margin. It comes in useful for when you want to do trade rates etc.

so what do you say that your rates are when you give an estimate?  do you say, "i charge $40 an hour +25%"?  or do you just say, "i charge $50 an hour"?

Personally, I never charge by the hour, it's always a per project price.

ok, i think that i understand...you ask them what they want and then give them a price instead of doing the work and charging by the hour...and the added 25% is a "just in case" extra bit so if it takes longer than expected you arent losing money.  right?

ok, i think that i understand...you ask them what they want and then give them a price instead of doing the work and charging by the hour...and the added 25% is a "just in case" extra bit so if it takes longer than expected you arent losing money.  right?

Pretty much. Everyone knows where they stand then.

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