{"id":870,"date":"2019-03-15T06:05:46","date_gmt":"2019-03-15T06:05:46","guid":{"rendered":"http:\/\/buklijas.info\/blog\/?p=870"},"modified":"2019-03-30T12:21:18","modified_gmt":"2019-03-30T12:21:18","slug":"billable-and-non-billable-hours","status":"publish","type":"post","link":"http:\/\/buklijas.info\/blog\/2019\/03\/15\/billable-and-non-billable-hours\/","title":{"rendered":"Billable and non-billable hours"},"content":{"rendered":"

Published on:<\/strong> 15.03.2019<\/p>\n

This is written by the consultant\/freelancer point of view<\/strong>.<\/p>\n

Amateurs<\/strong> are focused on billable hours.<\/p>\n

What is your hourly rate?
\n50$ per hours.
\nThat is not bad, 8h time 50$ is 400$ per day.
\n20 working days per month is 8000$ every month.
\n96000$ per year, not bad<\/strong>.<\/p>\n

There are a lot of problems in real life with this logic.<\/p>\n

First, there are no expenses<\/strong> (tax, equipment, rent, etc) mentioned, like they do not exist.<\/p>\n

But I do not want to focus on expenses in this analysis.<\/p>\n

Also, can you bill for 8h every day for a year?<\/strong><\/p>\n

If on an average day you sell only 2h than calculations are much different (and not in a good way).<\/p>\n

What about all the work that you need to do to sell 1h of your time?<\/strong><\/p>\n

If you need to spend one addition 1h in order to sell 1h of your time then your hourly rate is cut in half.<\/p>\n

If you work for somebody else and you are not a remote worker, then your commute time is an example of non-billable hours.<\/strong><\/p>\n

Different businesses have different portions of billable and non+billable hours, just be sure to calculate that in your equations.<\/p>\n

In coding business, and by coding business I mean if you primarily write code, lots of non-billable hours are spent on keeping with technology<\/strong> (even if you are highly specialized).<\/p>\n

If you are self-employed non-billable hours are also<\/strong> needed for finding clients\/work, infrastructure maintenance, etc.<\/p>\n

If you take all that in the account than 50$ per hour and minus expenses, does not look so go anymore<\/strong>.<\/p>\n

And you come to the understanding of why it should be more<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Billable and non-billable hours <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"Billable and non-billable hours #business #finance","jetpack_is_tweetstorm":false},"categories":[52],"tags":[41,53],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"yoast_head":"\nBillable and non-billable hours - Sasa Buklijas<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/buklijas.info\/blog\/2019\/03\/15\/billable-and-non-billable-hours\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Billable and non-billable hours - Sasa Buklijas\" \/>\n<meta property=\"og:description\" content=\"Billable and non-billable hours\" \/>\n<meta property=\"og:url\" content=\"http:\/\/buklijas.info\/blog\/2019\/03\/15\/billable-and-non-billable-hours\/\" \/>\n<meta property=\"og:site_name\" content=\"Sasa Buklijas\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-15T06:05:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-30T12:21:18+00:00\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\">\n\t<meta name=\"twitter:data1\" content=\"Sasa Buklijas\">\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data2\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"http:\/\/buklijas.info\/blog\/#website\",\"url\":\"http:\/\/buklijas.info\/blog\/\",\"name\":\"Sasa Buklijas\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"http:\/\/buklijas.info\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/buklijas.info\/blog\/2019\/03\/15\/billable-and-non-billable-hours\/#webpage\",\"url\":\"http:\/\/buklijas.info\/blog\/2019\/03\/15\/billable-and-non-billable-hours\/\",\"name\":\"Billable and non-billable hours - Sasa Buklijas\",\"isPartOf\":{\"@id\":\"http:\/\/buklijas.info\/blog\/#website\"},\"datePublished\":\"2019-03-15T06:05:46+00:00\",\"dateModified\":\"2019-03-30T12:21:18+00:00\",\"author\":{\"@id\":\"http:\/\/buklijas.info\/blog\/#\/schema\/person\/780025d597f1c5df3cc156eaffc8c561\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/buklijas.info\/blog\/2019\/03\/15\/billable-and-non-billable-hours\/\"]}]},{\"@type\":\"Person\",\"@id\":\"http:\/\/buklijas.info\/blog\/#\/schema\/person\/780025d597f1c5df3cc156eaffc8c561\",\"name\":\"Sasa Buklijas\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"http:\/\/buklijas.info\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"http:\/\/0.gravatar.com\/avatar\/9f6f7de5a4882517ca0e4a8ebd607925?s=96&d=mm&r=g\",\"caption\":\"Sasa Buklijas\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5YHGV-e2","_links":{"self":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts\/870"}],"collection":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/comments?post=870"}],"version-history":[{"count":7,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts\/870\/revisions"}],"predecessor-version":[{"id":890,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts\/870\/revisions\/890"}],"wp:attachment":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/media?parent=870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/categories?post=870"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/tags?post=870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}