Before launching your career as an independent finance professional, you’ll want to carefully consider what you will charge your clients.
Begin by thinking about how many billable hours you’ll realistically have. There are 2,080 billable hours within a year, based on a 40-hour workweek. However, as an IFP, not all of your working time is billable. You’ll spend time marketing yourself and on administrative tasks — processing invoices, billing clients, etc.
Because you’ll complete the tasks that a sales team,