April 13th diets and training
- Thread starter John
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I’m really fuckin sick n tired cause my dad undercharges EVERY JOB…I understand he want them to keep bringin their business to him,but I know he can charge more and still come out the lowest bid,not to fuckin most of our business is word of mouth,so people already know the quality their getting.
Rusty
VIP
I have friend who use to do the same thing. I told him he likes to work for free. He finally figured out there is such a labor shortage in skilled trades most guys are price gauging now cause folks are desperate to get things done. He upped his rate from $40 per hour to $60 when figuring out bids and he still is getting more work then he knows what to do with. @John not sure what your dad charges when figuring out how many hours a job takes or what the scale is where you live. But if he increases his labor rate by 30% I bet he will still get just as much work. Also not sure what the rules are there in the trades. But in Wisconsin anyone who can swing a hammer thinks they are a carpenter and can pull permits in most small towns. So a lot of the contractors here that are for hire are not competent so folks are willing to pay a little extra for someone with good references.
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Rusty
VIP
So if you are bidding by square foot plus other variables this is what I would do.
Document your square footages for all different types of work. Ex carpet, tile, hardwood, flooring. Drywall, roofing, carpentry remodeling like moving walls removing walls etc. include different variables like moving furniture ladder heights etc. then track hours it takes to complete tasks. If your not making at least $60 per hour then do the math and prorate your square footage price so when the work is finished you are averaging $60 per hour. Or whatever the standard rate is for a contractor in your area.
Example. 100 square feet vinyl flooring takes you 5 hours and you charge $100. Your average rate is $20 per hour. Your charging $1 per square foot. Up your price to $3 per square foot and now you are making $60 per hour.
Document your square footages for all different types of work. Ex carpet, tile, hardwood, flooring. Drywall, roofing, carpentry remodeling like moving walls removing walls etc. include different variables like moving furniture ladder heights etc. then track hours it takes to complete tasks. If your not making at least $60 per hour then do the math and prorate your square footage price so when the work is finished you are averaging $60 per hour. Or whatever the standard rate is for a contractor in your area.
Example. 100 square feet vinyl flooring takes you 5 hours and you charge $100. Your average rate is $20 per hour. Your charging $1 per square foot. Up your price to $3 per square foot and now you are making $60 per hour.
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