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Anatomy of a Design Proposal
book

Anatomy of a Design Proposal

by Michael Janda
February 2014
Intermediate to advanced
84 pages
1h 52m
English
Peachpit Press
Content preview from Anatomy of a Design Proposal

How to Calculate a Burn Rate

How can you know how much to charge if you don’t know how much your design business costs you per hour? I spent a lot of years pulling prices out of thin air. I had no idea what I should be charging, and to be honest, I was willing to work for whatever someone would pay. As my company began to grow, I quickly learned the importance of understanding total costs. Knowing your costs can help you massage your pricing and land new clients. It can also help you know how much time to allocate to each project.

I certainly don’t claim to be an accountant, and my accountant may read this and think I’m off my rocker. But here’s a simple formula to use to calculate your hourly burn rate (what your graphic design business costs ...

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Publisher Resources

ISBN: 9780133830101