Free tool
Project quote calculator
Price a project from your hours, your costs and the margin you want.
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How it works
How it works
Quote = (labor + expenses + contingency) x (1 + markup). Labor is hours times rate. Contingency is a percent of labor plus expenses.
FAQ
About this calculator
What is contingency for?
A cushion for work that takes longer than expected or costs that were missed.
What is the difference between markup and margin?
Markup is added on top of cost. Margin is the share of the price that is profit, so a 20% markup is a margin of about 16.7%.
Should I quote a fixed price?
That is a business decision. A written scope and a price you are comfortable with protect both sides.
Is anything saved?
No. The math runs in your browser and nothing you enter is sent to us.
Is this tax or financial advice?
No. It is a calculator for general information. Check the numbers against your own records, and ask an accountant before you act on them.
Related: freelance hourly rate calculator, profit margin and markup calculator. See all free tools. More free tools: ROI and payback calculator, Debt-to-income ratio calculator, NPV, IRR and payback calculator, or see all free tools.
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Do it yourself
Break-Even and Pricing Workbook
Enter your fixed costs and what each product or service costs and sells for, then see the sales you need and the price that reaches your target margin.
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Tallyfinch
Books you keep on your own computer
Tallyfinch does invoices, bills, bank import, reconciliation and the main reports, in a file you own. $99 once, then $5 a month for updates; the app keeps working if you stop the plan. It does not do payroll or sales tax filing. The free download records up to 60 entries.
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