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Freelance Proposal Template and How to Set Your Rate

Most freelancers lose money in two places: guessing their rate and sending weak proposals.

Work out your minimum rate

  • Yearly income goal + yearly business costs = target revenue.
  • Billable hours per year: realistically 20–25 a week × 46 weeks.
  • Target revenue ÷ billable hours = your minimum hourly rate.
  • Quote projects by value and scope, using this rate only as a floor.

Proposal structure

  • Their problem, in their words.
  • The outcome you'll deliver and by when.
  • Scope: what's included and what isn't.
  • Price, payment terms and deposit.
  • One clear next step to accept.