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What is Break-even Point?

The minimum revenue or billable hours a freelancer must achieve to cover all business costs without profit or loss.

What Is a Freelance Break-even Point?

Your break-even point is the minimum revenue you need to cover all your fixed costs — the point where your business makes neither profit nor loss. Understanding this number is essential for setting rates and knowing when you can afford to turn down work.

Break-even Formula

**Break-even Revenue = Fixed Costs ÷ (1 - Variable Cost %)**

Example:

  • Monthly fixed costs: $3,000 (rent, software, insurance, etc.)
  • Variable cost rate: 10% (e.g., payment processing fees, project-specific expenses)
  • Break-even revenue = $3,000 ÷ 0.9 = $3,333/month
  • Break-even in Billable Hours

    If your hourly rate is $75:

    Break-even Hours = $3,333 ÷ $75 = **44.4 hours/month** ≈ 11 hours/week

    Why Break-even Matters

    If you don't know your break-even, you might take on low-paying work that keeps you busy but doesn't actually cover your costs. Knowing your break-even helps you:

  • Set a floor rate below which you won't work
  • Evaluate whether a slow month is a financial crisis or merely inconvenient
  • Plan how many hours/clients you need at minimum
  • Fixed vs Variable Costs

    Fixed costs: don't change with output — rent, insurance, subscriptions, accountant fees

    Variable costs: scale with revenue — payment processing (2-3%), subcontractor costs, project expenses

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