re: Business question

Bro. You don't just start a business like this. It takes serious planning. Sure you can just start making money but without a good foundation you will fail in less than 5 years. The way it sounds right now man less than 6 months before you quit and take a job.
I suggest you take the job, then get educated on business. Take some courses online and at least with the SCORE organization. Business is not just about "I can make $xx.xx because I know how to do "whatever". There are people who make $40 an hour and then others who make $4000 for consulting. It all depends. Who is your target? Are you worth what you ask? How are you going to reach other clients?

First off most of the lowest paid employees in any business are paid hourly. Not that you can’t make a lot hourly, but avoid it if possible.

People making commissions of paid on a project or other metric can justify making far more using less time. If you have to work hourly double what you have in mind, but avoid if at all possible.

Your goal is something more like, I can generate $800k/yr in value for this guy and my cut will be $120k which is roughly equivalent to $80k salary with benefits. It doesn’t matter if it only
Takes me 6 hours per week and I have 5 other clients because this about money not time.

If you’re just billing hours at a small markup, go get a damn job you’re not a business anyway, just a job with more downside.

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First off most of the lowest paid employees in any business are paid hourly.

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not where I work, baw

There are plenty of people paid high hourly rates. But it’s relative, you’re still capped on upside by number of hours you can fly and he would be by the number of hours he can bill. The CEO wouldn’t take that pay plan and the lowest guys on the totem pole are hourly guys.

Ask any lawyer about billing hours even if their rate is $600/hr, it’s a job not a business.

My explanation is simple don’t start a business to make $80k/yr that’s not a business it’s just a job that’s way harder than a normal job.

Go get a pilots license and a 777 type rating if you want to work hourly and make bank.

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$60 per assuming minimal overhead.

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That is the minimum, I'd say. Provided the particular market warrants it.

If you want it to equate 80K per year you need to consider your overhead. an 80K wage per year is basically 40/hr. so if you total expenses for the business per year equate to about 40K per year you are making about 80K before taxes.

Liability insurance, unemployment insurance, health insurance costs and 401K matching that otherwise would be carried by your employer, business licenses, accountant (assuming you use one), all your other fees, etc. Those are the things you need to account for.