bdevy.

Business

Pricing Calculator

Build a price from your costs, overhead allocation and target margin, instead of guessing from competitors.

Your numbers

$
$
Burdened, wage plus taxes, insurance and benefits.
$
%
%

Result

Price to quote $1,942.86
Total cost $1,360
Profit at that price $485.71
Markup on cost 42.86%
To keep 25% after paying $97.14 of commission, quote $1,942.86. A markup of 42.86% on your $1,360 of cost.

Commission is treated as a percentage of the final price, which is how it is usually paid. That is why it has to be built into the divisor rather than added to cost.

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Questions

About this calculator

Should I price from cost or from the market?

Cost sets your floor and the market sets your ceiling. Knowing the floor is what stops you accepting work below it: if the market will not pay your floor, the problem is cost structure, not pricing.

How do I allocate overhead per job?

Divide annual overhead by billable hours to get an hourly overhead rate, then multiply by the hours the job takes. The labour rate calculators do that maths.

The formula

price = total cost ÷ (1 − margin − commission)

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