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The Hourly Rates template is meant for use as business plan template showing how you are calculating your anticipated hourly rates. The hourly rates you can charge will depend on many factors including your location competition value added benefits your experience level and so on. Use the Hourly Rates Calculator Spreadsheet to help you calculate your rates. If you are submitting business plan for funding include conservative calculations that support your funding request. Company name anticipates total yearly expenses of Insert total yearly expenses here with desired profit margin of Insert desired extra profit amount per year Based on an estimate of Insert yearly billable hours billable hours per year with Insert billable percentage rate percent billable rate we plan on setting our hourly billing rate at Insert hourly billing rate dollars per hour. The following table outlines our expected yearly expenses. Description Amount Total Yearly Expenses. Insert total amount here