Agency Ratecard Calculator
Originally published: 24/02/2020 12:41
Publication number: ELQ-33245-1
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Agency Ratecard Calculator

Unsure what to charge for your time? Easy to use spreadsheet will take the guesswork out of it.

Description
Charging for your time is a fundamental of Agency Finances. If you get this wrong you are always going to struggle to make a profit. This calculator will ensure you charge enough to cover salaries, overheads and hit your target margin.

It covers all roles and and all salaries and it will help you choose what level of overheads need to be included on top.

If you are being asked by your potential clients to breakdown your charge out rate this invaluable tool will help you answer their questions and make sure any discount offered is affordable - never work for free again!

It takes into account part time employees and reflects different levels of client utilization.

If your client wants to but a full time equivalent ("FTE") then the spreadsheet will work this out for you too.

Sometimes we can't achieve the margin we would like and we have to reduce our hourly (or daily) rate. If you have to discount then do so knowing what effect that will have on your profit margin.

Built by a specialist marketing services CFO with over 25 years of experience this spreadsheet will help your agency get off to a flying start. If your agency is struggling to make money this tool will help you understand if it's your ratecard that is the problem.

It comes with instructions but if you have any questions then the author is more than happy to hear from you.

This Best Practice includes
1 Excel Spreadsheet (including instructions)

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