Overhead & Hourly Rate Calculator for Tradespeople
Stop guessing what you should charge per hour.
The NOVQEN Overhead & Hourly Rate Calculator is a practical Excel-based pricing tool for tradespeople who want to understand the real cost of an hour of their time and set a charge-out rate that covers overheads, non-billable time and profit.
Know your true hourly rate
Your hourly rate has to cover more than the hours spent on the tools. Van costs, fuel, insurance, tools, phone, software, accountant fees, training, holidays, quoting, travel and downtime all affect what each billable hour really costs your business.
What it calculates
- Annual business overheads
- Realistic billable hours per year
- Break-even hourly rate
- Recommended hourly charge-out rate
- Half-day and full-day target rates
- Annual sales required at your target margin
- What-if scenarios for billable hours, overheads, income and profit
- Quick job checks to compare a proposed price with your true costs
Included in the workbook
- START HERE guide
- Business Costs
- Working Time
- Hourly Rate
- What-If scenarios
- Quick Job Check
- Dashboard
Built for tradespeople
Suitable for builders, plasterers, painters, carpenters, electricians, tilers, landscapers and other self-employed or small trade businesses.
Product details
- Excel .xlsx workbook
- One-time purchase
- No subscription
- Editable assumptions
- Reusable for your own business
System requirement: Microsoft Excel or another spreadsheet application with good .xlsx formula support.
This is a business-planning tool and not tax, accounting or financial advice. Review VAT, tax and accounting treatment for your own business and jurisdiction.