Pricing Calculator for Musicians Selling Services

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$47.00

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Set a profitable rate for your work as a classical musician with a pricing calculator that does the math for you.

Maybe you've asked yourself: What is my time worth? How much should I charge for a 30-minute lesson or a 2-hour gig? What about a 5-minute composition or an arrangement for a wedding? How much should I charge for a consulting session or coaching call? Is there a formula for that?! (Yes, yes there is.)

The problem is that without an understanding of the numbers involved, pricing is usually arbitrary and subjective—what we feel is fair or reasonable for people to pay.

There are two problems with this approach:

We usually underestimate the time and resources involved in performing the service
We don't account for overhead expenses, taxes, and other components of running a business that need to be built into the price

You will get the following files:

PDF (1MB)
MP4 (239MB)

To help, we created a pricing calculator (with three built-in pricing formulas) specifically for service-based musicians.

Calculate your Materials & Labor Costs (even if it's just your time)
Analyze and track your overhead expenses and costs of doing business
Determine your profitable hourly rate based on where you live and your level of experience
Learn about the various components that make up your price (+ make sure you're building these in)
Set a profitable price for your services (triangulate your price using three built-in pricing formulas)
Know how much to set aside for taxes each quarter
Calculate your gross profit margin to ensure your price is profitable

When you know *how much things cost*, how much time you’re investing, and the other components that need to be built in, you can set a price for your services that's fair to the market and profitable for you. This takes emotion out of the equation, which helps you communicate your price with confidence.

Knowing what to charge for gigs and services as a classical musician shouldn't be a guessing game. Instead, it's a numbers game. Set a fair and profitable price with a pricing calculator designed specifically for service-based musicians.

Disclaimer

This pricing calculator is for educational purposes only and should not be construed as financial advice. The information provided in this calculator and resource guide is not a substitute for advice from a qualified professional who is aware of the facts and circumstances of your individual situation. We expressly recommend that you seek advice from a financial advisor familiar with your specific situation.

What's Included

This tool includes three customizable worksheets and a profitable pricing calculator that are yours to edit and adjust as needed for your business. Here's what you'll find inside:
- Google Sheets file (with an option to download to Microsoft Excel or Numbers)
- Worksheet 1: Calculate your Materials & Labor Costs, the materials and labor that go into producing your service
- Worksheet 2: Calculate your overhead expenses
- Worksheet 3: Determine your profitable hourly rate and track your time on the project
- Built-in formulas for determining your COGS:Total Price ratio, gross profit margin, overhead and tax percentages, and owner's draw (what you pay yourself)
- Three pricing formulas with fields that auto-populate based on your inputs to help you set a profitable price for your services
An over-the-shoulder tutorial to help you set up and use this pricing calculator and customize these worksheets for your business.
Instant access to a 10-page PDF resource guide with tips on getting started, how to get the most out of this pricing calculator, and a ready-to-use/download Google Drive link.
An easy-to-reference, 1-page glossary of need-to-know accounting terms for your business.

FAQs

We created this pricing calculator for any self-employed business owner who sells services. The categories are set up with self-employed musicians in mind, but they are fully customizable and can easily be tailored to you and your music career or business. We included some example content that's relevant to self-employed/freelance music work to give you some ideas for how to customize them.
Check your email! You'll receive a receipt for your purchase (save this for tax time!) and links to download the PDF file (with a Google Drive link) + tutorial video within a few minutes.
Sometimes it doesn't work out. We get it. If you're not satisfied with your purchase (for any reason), please reach out to us within 7 days and we'll work with you to make it right, even if that means a full refund. Please read the full Terms of Purchase here.
Yes, of course! We'd be happy to answer your question and assist you however we can. Please reach out to hello@musicianandcompany.com and we'll get back to you within one business day.

Start Today

Once you complete checkout, you'll get instant access to this digital resource. Look for a receipt and a link to access the file in your email inbox.

Secure Checkout

We know how risky it can be to buy things online. Know that your payment information is safe and secure with Stripe or PayPal checkout options.

Future Updates

When you purchase this digital product, enjoy complimentary access to any future updates we make to the resource at no extra cost to you.

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