It has been a while since I posted an appropriate technology tip for appraisers on the AW Blog. Many appraisers charge by the hour, yet many dont factor into account the appropriate overhead and additional fees necessary to charge properly, or what should be an acceptable rate or return for our professional fees. I have been displaying at the Annapolis Antiques Show this weekend and I have yet to have a chance to try this online hourly rate calculator. It takes into consideration items such as office rent, travel, computer costs, software costs, communications, insurance, professional fees, advertising, billable hours, vacation sick days, profit or salary you expect, and then calculates and returns the hourly billing rate you should be charging.
The site is called Freelance Switch and the calculator is at
http://freelanceswitch.com/rates/
Freelance Switch states on the website
We have developed this hourly rate calculator to give you a guide based on your costs, number of billable hours and desired profit. It is a simple tool for you to play with.
Remember your hourly rate should always take into account factors like market demand, industry standards, skill level and experience - things that unfortunately we can't put into a calculator!
Use these calculations as a guide and then modify to suit your circumstance and conditions.
It will take you about 5-20 minutes to complete depending on how
much attention you give each calculation.
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