1. You are guaranteed to receive money for your time.
This is an excellent approach if you're working with a new customer or on a project that could drag on or become slowed down by numerous modifications. A per-hour rate makes sense in both of these situations because charging a flat rate per project may result in a lower overall return on investment. 2. You can keep track of the amount of time you spend on each task.
Time tracking makes it simpler to bill for your work that fairly represents the time spent on a project, taking into account things like client communications, unforeseen adjustments, etc. There are many cool tools for time-tracking, like Timely
. 3. There is less pressure on your schedule.
An hourly rate gives you more flexibility and control over when you work. It could be 20 hours a week, or it could be 2 hours - you are in charge of your own time.