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11-04-2009, 03:29 PM
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#1
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Junior Member
Join Date: Oct 2009
Location: ontario Canada
Posts: 2
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What do you charge??
So whats your way of setting a rate. hourly?? per job? whats your rule of thumb do you guys go by?? to charge your customers?
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11-04-2009, 03:40 PM
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#2
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Senior Member
Join Date: Nov 2009
Location: USA
Posts: 243
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Quote:
Originally Posted by calibre
So whats your way of setting a rate. hourly?? per job? whats your rule of thumb do you guys go by?? to charge your customers?
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I generally go with $50/hr cash. If it's a pain in the ass, such as attic work in the Summer, I might make it $60/hr. If the customer is a hot chick or the work is especially easy I might lower it to $40/hr.
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I'm going back to work on Friday, no more time for foruming. Bye everyone!
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11-04-2009, 04:25 PM
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#3
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Registered Member
Join Date: Mar 2009
Posts: 947
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Quote:
Originally Posted by calibre
So whats your way of setting a rate. hourly?? per job? whats your rule of thumb do you guys go by?? to charge your customers?
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First you will need to know your costs. employee costs,overhead.then your profit this can give you an hourly rate. Some jobs are similar enough that you can develope a flat rate. Bid jobs require take-offs for material and labor hours with markup and profit.
i bet you thought it would be easy 
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11-04-2009, 04:28 PM
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#4
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Seen your member
Join Date: Sep 2007
Location: Cornpatch USA
Posts: 10,092
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__________________
This message is hidden because Forgery, Honda Racer, JackBoot, LawnGuyLandSparky, milehiwire and user 5941 are on your ignore list.
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11-04-2009, 04:36 PM
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#5
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Licensed Journeyman
Join Date: Oct 2007
Location: third world
Posts: 1,628
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one million dollars
__________________
“Dammit, Smithers, this isn’t rocket science, it’s brain surgery!”
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11-04-2009, 05:03 PM
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#6
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Registered Member
Join Date: Mar 2009
Posts: 947
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Quote:
Originally Posted by nolabama
one million dollars
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were is mini me
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11-04-2009, 05:16 PM
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#7
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bored member
Join Date: Oct 2008
Location: Atlanta, Ga.
Posts: 3,194
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Quote:
Originally Posted by calibre
So whats your way of setting a rate. hourly?? per job? whats your rule of thumb do you guys go by?? to charge your customers?
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As much as I can get becasue I am a greedy, free market capitalist pig, contractor. 
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11-04-2009, 05:17 PM
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#8
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bored member
Join Date: Oct 2008
Location: Atlanta, Ga.
Posts: 3,194
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Quote:
Originally Posted by 480sparky
Business Cost List
Building
Building
Warehouse Space
Trash Removal
Lawn Care
Snow removal
Upkeep & Repairs
Office Expenses
Computers
Stationary
Copy machine
Fax machine
Forms
Printing
Software
Office Equipment
Computer maintenance
Files
Postage
Office Supplies
IT
Internet service
Email accounts
Web site
-Initial creation
-Updating
-Maintenance
GPS services
Benefits
Vacation Pay
Holiday Pay
Uniforms
Uniform Maintenance
Unemployment
Bonuses
Incentives
Retirement Plan
Christmas Party
Taxes
Property Taxes
Tangible Taxes
Pay Roll Taxes
Income Taxes
Sales Tax
Training
Management Training
Office Training
In-House Training
Tech Training
Mfg. Training
Training Equipment
Safety Training
Update classes
License testing
Insurance
Building Insurance
Liability Insurance
Employee Insurance
Life Insurance
Business Insurance
Workers Comp.
Utilities
Gas
Electricity
Telephone / Fax lines
Internet Service
Toll Calls
Telephones
Pagers/Cell Phones
Radio Maintenance
Vehicles
Vehicle Maintenance
Ladder Racks
Interior bins
Fuel
Truck Signs / lettering / vinyl
Tires
Financial
Accounting
Loans
Tax Preparation
Interest
30+ Day Receivables
Bank Charges
Travel
Hotel
Meals
Airline / vehicle
Unique to the electrical trade
Permits
Licenses
Bonds
Inspections
Trade Association
Subscriptions
Memberships
Dues
Retainers
Safety PPE
-Lock-out/Tag-out kits
-Fall prevention harness
-Arc-flash clothing
-Hard hats
-Safety glasses
-Hearing protection
Tools
Company Tools
Safety Equipment
Ladders
2-way Radios
Test Equipment
Replacement Parts
Parts Storage
Damages
Tool Replacement
Job site storage
Misc.
Trips to Supply House
Theft
Uncollected Money
Collection fees
Unbillable Hours
Commissions
Call Backs / Warranty work
Shortages
Bad Checks
Delivery
Credit Card Sales
Drug Testing
Legal
Legal advice
Law Suits
Incorporation / LLC fees
Advertising
Marketing
Business cards
Signs
Radio / TV
Newspaper
Flyers / brochures
Material Purchases
Inventory
Labor
Wages
Salaries
Dispatcher
Answering Service
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You forgot beer money, dammit!
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11-04-2009, 05:24 PM
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#9
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Seen your member
Join Date: Sep 2007
Location: Cornpatch USA
Posts: 10,092
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Quote:
Originally Posted by BuzzKill
You forgot beer money, dammit!
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That's hidden in Travel Meals. 
__________________
This message is hidden because Forgery, Honda Racer, JackBoot, LawnGuyLandSparky, milehiwire and user 5941 are on your ignore list.
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11-04-2009, 05:38 PM
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#10
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B4T Scotchkote installer
Join Date: Feb 2009
Location: Long Island, N.Y.
Posts: 4,500
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Quote:
Originally Posted by 480sparky
Business Cost List
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You forgot daily food.. per day
Even (1) person.. breakfast $5.00.. Lunch.. $10.00
Per day.. $15.00 X 5 days = $75.00 per week
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11-04-2009, 05:48 PM
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#11
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Senior Member
Join Date: Nov 2009
Location: USA
Posts: 243
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Quote:
Originally Posted by Black4Truck
You forgot daily food.. per day
Even (1) person.. breakfast $5.00.. Lunch.. $10.00
Per day.. $15.00 X 5 days = $75.00 per week
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Is that really a business expense?
__________________
I'm going back to work on Friday, no more time for foruming. Bye everyone!
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11-04-2009, 05:55 PM
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#12
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B4T Scotchkote installer
Join Date: Feb 2009
Location: Long Island, N.Y.
Posts: 4,500
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Quote:
Originally Posted by EDM
Is that really a business expense?
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Yes it is.. one of the perks I get for signing the check
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11-04-2009, 06:29 PM
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#13
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Member
Join Date: Mar 2009
Location: VA
Posts: 99
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Quote:
Originally Posted by Black4Truck
You forgot daily food.. per day
Even (1) person.. breakfast $5.00.. Lunch.. $10.00
Per day.. $15.00 X 5 days = $75.00 per week
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We got 80 per week and that was 10 years ago working four 10 hour days.
__________________
2005 NEC
Last edited by wingz; 11-04-2009 at 06:31 PM.
Reason: delete quote , NA to answer.
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11-04-2009, 07:33 PM
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#14
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Senior Member
Join Date: Apr 2008
Location: Savannah GA
Posts: 236
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Quote:
Originally Posted by calibre
So whats your way of setting a rate. hourly?? per job? whats your rule of thumb do you guys go by?? to charge your customers?
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That was a nice try, but alot of these guys wont answer that. Either they work for someone , and have no idea what the charge is for the company they work for in their area, or they just wont tell in fear of soeone coming into their area and stealing their work.
I charge $65.00 per man.
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11-04-2009, 07:40 PM
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#15
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Senior Member
Join Date: Sep 2009
Location: kentucky
Posts: 2,053
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How much do you charge?
Twenty three years ago I was charging $35.00 per man-hour and my materials would be marked up 35%. I did not get rich and the customers were ok with that price. I am sure it is more now.
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11-04-2009, 08:00 PM
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#16
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Senior Member
Join Date: Mar 2007
Location: Leesburg VA
Posts: 6,542
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Quote:
Originally Posted by ralph
That was a nice try, but alot of these guys wont answer that. Either they work for someone , and have no idea what the charge is for the company they work for in their area, or they just wont tell in fear of soeone coming into their area and stealing their work.
I charge $65.00 per man.
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Actual he received the answer from several business owners.
The cost per hour is drastically different area to area, $65.00 and hour does not cover my labor cost in Washington DC.
Then there are other factors, do you charge a minimum, travel, mileage, tool rental,. Do you sell a lot of material or are most calls short turn arounds with very little material? So the basic answer is this is an in depth question that takes more than a $XX.XX answer.
__________________
I void warranty's
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11-04-2009, 08:15 PM
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#17
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Senior Member
Join Date: Sep 2009
Location: ontario Canada
Posts: 188
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I work for chickens and baby pigs
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11-04-2009, 08:25 PM
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#18
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Senior Member
Join Date: Apr 2008
Location: Savannah GA
Posts: 236
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3 out of 12.
I agree that there are many factors that come into play, along with the area a buisness is in has alot to do with it, but the thread is " what do you charge" .
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11-04-2009, 08:52 PM
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#19
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bored member
Join Date: Oct 2008
Location: Atlanta, Ga.
Posts: 3,194
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[quote=brian john;138598]
The cost per hour is drastically different area to area, $65.00 and hour does not cover my labor cost in Washington DC.
quote]
...per man hour with a truck and a mechanic, in DC I would say $150-175 an hour "to break even".
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11-04-2009, 08:55 PM
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#20
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bored member
Join Date: Oct 2008
Location: Atlanta, Ga.
Posts: 3,194
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Quote:
Originally Posted by ralph
That was a nice try, but alot of these guys wont answer that. Either they work for someone , and have no idea what the charge is for the company they work for in their area, or they just wont tell in fear of soeone coming into their area and stealing their work.
I charge $65.00 per man.
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I guess you are showing up to work with you and your crew all in a van, and they meet you at your house?
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