What is your design firm’s temperature? Your firm’s effective rate* is the one key number that indicates your overall condition. Many of your struggles can be traced back to the differential between what you intend to earn–and what you’re actually achieving. Ready to take your temp?
*Your effective rate is the actual value you capture for every hour your company is open. It’s a number you can compare to what you could be earning working for someone else.
NOTE: This calculator does not capture any values you input, the calculations are done entirely in your browser.
So what’s your temperature? What’s your rate differential? How much do you stand to gain by fixing the problems leading to low effective rates? You might want to schedule a time to talk with me so we can start to close this gap and improve your design firm’s health.