Ensure your bridal services are profitable by accurately calculating your day rate.
List the costs beyond on-site hours that impact your bridal day rate:
What is your desired hourly rate for travel time, and how many hours do you typically spend traveling for a bridal event?
Estimate the average number of hours you spend providing on-site services for a typical bridal client.
What are your average costs for products and materials used per bridal client?
Identify your business's flat overhead costs that need to be covered by your day rate.
What percentage markup will you apply to your product and material costs?
Enter your calculated travel hours, on-site hours, desired daily rate, product costs, overhead, and markup percentage into the calculator.
Review the suggested day rate, true hourly rate, and cost breakdown provided by the calculator.
Don't guess your worth; calculate your true bridal day rate.