Find the average hourly rate you need to pay yourself, cover your costs and make the profit you want.
Free · Takes a few minutes
Your Floor Rate is the minimum average hourly rate your business needs to earn to pay you, cover its costs and make the profit you want.
What you need to pay yourself each year, before personal tax.
Rent, software, insurance, accounting — everything it takes to keep running.
The profit you want your business to make, as a percentage or a yearly dollar amount.
Many rates are a best guess or last year's number rounded up.
Their rate is built on their costs and their hours — not yours.
A 40-hour week is rarely 40 hours you can charge for.
Busy all year, yet little is left over at the end.
Answer one thing at a time.
What you need to pay yourself.
What it costs to keep the doors open.
The hours you can charge each week.
The profit you want your business to make.
Your Floor Rate.
See what you need to charge, compare it with what you charge today, and try changing your rate, hours or costs.
See what each employee really costs, what you need to charge for their time, and how your team affects the numbers.
Explore Team →See the deeper picture — profitability, capacity, margins and scenarios.
Explore Accountant →