Years of experience and still learning the hard way by under pricing or
not getting jobs from over pricing.
You more or less have to know what the market will bear for a shop rate
and then learn to estimate the hours involve to manufacture and the material
cost and then come up with a price.
Mon, Aug 2, 2004, 4:35am (EDT+4) email@example.com (TmnJack)
How do you professional guys calculate your estimates and pricing for
jobs? Say, a manufacture of kitchen cabinets and installation with
materials figured in?
Well, there's several ways. One very reliable way is to start out
with a real low price, then when you get swamped with work, keep raising
your price untill the workload evens out. Of course, there is the minor
matter of maybe going broke and going out of business before the work
evens out, but other than that, no prob.
Or, you could check the archives. This subject has been gone over,
and over, and over, several times. A small hint - prices vary by area -
prices will be higher, for the same work, in San Francisco, then say, a
small West Vriginia town.
The highway of fear is the road to defeat.
- Bazooka Joe
JERUSALEM RIDGE http://www.banjer.com/midi/jerridge.mid
Generally I go with 5 times the retail price of materials OR retail price of
materials plus at least $250.00 per day. This per day price includes
drawing time, time for obtaining materials, and meeting with the customer.
It's a question people usually ask after they've tried to do it a few
The guys you should ask are the ones who have health insurance, well
maintained teeth and who can take some time off now and then....and,
almost forgot...who have a place to sleep other than their shop.
The others, gap-toothed and hairy, who either smile too much or not at
all, can probably tell you some entertaining stories. You should
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