I am using a new software program and it is asking for overhead as a percentage of a project. I an newer in business and don't have statistical data for that yet. What would be a good "ball park" number to put in there.
Your overhead and operating expenses are the cost of doing business, and this is a figure you should have from day one of opening your business You can not ball park your expenses they are real and true costs.
Someone on here had a link to a site that asks you questions and tells you what your break even cost is.
I know my fixed costs I was just wondering how to break them down to a percentage of the total cost of a job....the overhead for that particular job.
Many bidding projects has limitations in the bidding document or specification how much they allow you to charge for overhead and profit. Most often we see those rates to be, 10% for overhead and 5% for profit.
Many bidding projects has limitations in the bidding document or specification how much they allow you to charge for overhead and profit. Most often we see those rates to be, 10% for overhead and 5% for profit.
Would you believe 210% ? It all depends on how you define your costs. Market Schmarket. Your real costs are your real costs and you should recover them or find some other way to make money.30% sounds way high.
I know my fixed costs I was just wondering how to break them down to a percentage of the total cost of a job....the overhead for that particular job.
With this overhead post, it has me wondering where these crazy ideas come from, and why anyone would respond.
With this overhead post, it has me wondering where these crazy ideas come from, and why anyone would respond.
these "CRAZY IDEAS" come from the expertise of businessmen who have interpolated their long term day to day findings to a percentage and/or a format which they could use to their advantage...as to "WHY ANYONE WOULD RESPOND" since many of the responses are all over the charts, i can only assume their intention was to point out that the standard "textbook" answers are not the ONLY answers that work...