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I'm wondering how to calculate the hours/week I'll get starting out as a freelancer. I've been working on the assumption that I'd get 20 hours a week here in t

I'm wondering how to calculate the hours/week I'll get starting out as a freelancer. I've been working on the assumption that I'd get 20 hours a week here in the UK and set my hourly rate at £26 accordingly. In the UK I'd also not be liable to make National Insurance contributions which would save £2,200 per year. Then comes another common question - self employed or limited liability company?

parasubvert 12y ago
As a former freelancer the lesson I learned from others was to assume you'd spend 1/3 of the year on the bench doing interviewing/conferences/vacation/professional development/searching for the next gig. So perhaps plan 35-40 hours over 35 weeks. Then set your rate at or above the market rate for your speciality. Don't set it on your cost of living. If the market rate is too low to live, you'll need a plan on how to upgrade your stature or find a more in-demand speciality.