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Cards · 9 cards

What an hour costs

From the money you want to keep to the price of an hour, one card per step.

For a practice of one
What an hour costs

Start with the money you want to keep and end with the price of an hour.

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01 · For a practice of one

What an hour costs

Start with the money you want to keep and end with the price of an hour.

02 · Start at the end

$60,000 — What you want to keep

After tax, and yours to spend.

03 · Tax comes off the top

$83,333 — What you have to earn before tax

At a 28% tax share.

04 · Then the practice costs money

$89,333 — Add software, insurance, a room, an accountant

That’s $6,000 a year.

05 · Cards take their cut on the way in

$92,573 — What clients have to pay you

About 3.5%, and most of it goes to the card processor.

06 · Now divide by the hours

690 — Billed hours in a year

15 a week for 46 weeks. Count the hours somebody paid for, never the hours you worked.

07 · So

$134 — An hour

That’s what it takes to keep $60,000.

08 · What moves it

Billed hours move this more than tax does

Sell 10 hours a week and the same practice needs $201 an hour. Sell 20 and it needs $101.

09

Put your own numbers in

The calculator is free, and it shows every step of the working.

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