What happens to many business owners? They create the economic proposal of the budget by eye, thinking that they are more or less covered with the margin they apply to each rate.
The first step when identifying business costs is to divide them into two large groups: fixed and variable costs .
Fixed costs are those that remain unchanged regardless of the level of production. For example, office supplies or rent.
Variable costs are those that you only incur if they are necessary for the provision of a service or the production of a good. For example, hosting a client's website.
Fixed costs are thailand phone number list taken into account, for example, when calculating our hourly rate as freelancers . Variable costs are used to create rates in a budget .
Because?
Because when we create cost-based rates, we make sure to include all the expenses we have incurred in carrying out the work. In other words, it is a way of working that helps you not to lose money .
How are rates and costs created in Quoters?
Quoters is a software designed to make work easier, especially when creating the economic proposal of a budget.
The tool automatically calculates profit margins, discounts and taxes so you don't have to pull out the calculator all the time.
You will only have to indicate the concept, add the costs associated with the work, indicate the price of each of these costs, and the tool will automatically calculate the final price of the rate.
Tip! Don't forget to indicate a profit margin , in case the hours you have estimated go too far.
