PROJEC

T
Think of one product or service that you offer, and list all the things you need to do in order to
complete this project. Included all tasks such as concept development, meetings, presentations,
communication, materials, prototyping, and all other tasks that take you to the finished product.

COSTIN
PROJECT:
CLIENT: G
I. PART 1

TASKS & MATERIALS

INITIAL PHASE

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CREATIVE WORK

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COMPLETION

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OTHERS

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NOTES:

There is value in everything that you do, and if you can communicate this well, you’ll be able to justify
the project fee.
II. PART 2 - CALCULATE
TIME
How long does it take you to complete each project?

Specify the number of hours you spend on each task.

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TOTAL =
III. PART 3

TARGET MONTHLY INCOME:

# OF WORK HOURS IN A MONTH:

HOURLY WAGE: (Target Monthly Income divided by # of Work Hours in a Month)

COST OF TIME

Time x Hourly Wage

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TOTAL =
COST OF MATERIALS

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TOTAL =
IV. PART 4

TOTAL PROJECT COST

Cost of materials _________________________________________________________

Cost of Time/Labor _________________________________________________________

Target Profit _________________________________________________________

Marketing Fees _________________________________________________________

Retailer Fees _________________________________________________________

Delivery Fees _________________________________________________________

Taxes _________________________________________________________

Miscellaneous Costs _________________________________________________________

TOTAL =

MONTHLY BUSINESS OPERATING COSTS

Rent _________________________________________________________

Utilities _________________________________________________________

Depreciation/Repairs _________________________________________________________

Salaries _________________________________________________________

Website/Subscriptions _________________________________________________________

Taxes _________________________________________________________

Miscellaneous Costs _________________________________________________________

TOTAL =

(Divide the total Monthly Operating Costs by the number of projects you are able to work on in a
month)
CHECK
How many of these projects can you do in a month?

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What is the going rate for the same product/service?

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Does the total project cost match your level of expertise?

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How much would a client be willing to pay for this project?

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Who are your target clients/customers for this project?

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How can you adjust the package to meet your client’s needs better? What items can you remove from or
add to the package to make it more appealing to the client?

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