Calculate Ideal Hourly Rate and Break-Even Hourly Rate

http://freelanceswitch.com/rates/ provides very effective way of calculating Ideal Hourly Rate and Break-Even Hourly Rate...

4 Steps involved are:
1> Calculate Your Business Costs.
2> Calculate Your Personal Costs.
3> How Many Hours Can you Actually Bill?
4> How Much Profit/Savings do you want?

Prashant