You thought of everything when you came up with your hourly charge or your product’s price. You thought about:
- all of the time and supplies that went into it
- how much you need to make in sales plus taxes to make your desired yearly income
- how many you’d be able to sell
But you forget to factor in the benefits. I bet you’re thinking, “But if I’m a freelancer, I’m setting my own hours and I’m my own boss. Aren’t those my benefits?”
Nah, girl, I’m talking about paid leave like vacation and sick days, and health and life insurance, and a retirement fund.
Wait, my pricing needs to reflect my insurance costs, retirement funds, and my days ...