Billable Hours Calculator
Weekly Billable Hours
Calculate weekly billable hours and revenue
hours
hours
$
Target Revenue
Calculate hours needed to reach revenue target
$
$
%
Formula
Revenue = Billable Hours x Rate | Utilization = (Billable Hours / Total Hours) x 100 | Effective Rate = Revenue / Total Hours
Frequently Asked Questions
What is a good billable utilization rate?
For freelancers and consultants, a utilization rate of 60-80% is typical. The remaining time covers admin, marketing, learning, and business development. Top performers may reach 80-85%, but 100% is unsustainable.
How do I track billable hours?
Use time-tracking tools like Toggl, Harvest, or Clockify. Start a timer when you begin billable work and stop when switching to non-billable tasks. Review weekly to ensure accuracy before invoicing.
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