2000 hrs. minus 500 hrs for non productive hrs. which include estimates,buying materials,pulling permits,& other non productive tasks = 1500hrs. X what you would make per hr. working for someone else including benefits = $ _ _ _ _ _
Then figure out what you want to make a year minus the previous number= overhead.
Then overhead divied by 1500hrs.= $ _ _ per hour to add to what you would make working for someone per hr. = cost per hr.Then he says to add general overhead like gas,rent,phone,advertising,office supplies,call backs,utilites,bad debts,legal,accounting etc. etc. Then he says general overhead comes up to about $15hr.on top of your cost per hr. to give you your break even point per hr.Then he say to add 23% of profit to give you your hourly rate to charge people.
Question 1.Is this pretty acurate??
Question 2.If non productive tasks include:buying materials,pulling permits,keeping your van stocked are already in your hourly rate are you still suppose to markup your material?If so whats a good % to markup?
Thank you for your help!
Then figure out what you want to make a year minus the previous number= overhead.
Then overhead divied by 1500hrs.= $ _ _ per hour to add to what you would make working for someone per hr. = cost per hr.Then he says to add general overhead like gas,rent,phone,advertising,office supplies,call backs,utilites,bad debts,legal,accounting etc. etc. Then he says general overhead comes up to about $15hr.on top of your cost per hr. to give you your break even point per hr.Then he say to add 23% of profit to give you your hourly rate to charge people.
Question 1.Is this pretty acurate??
Question 2.If non productive tasks include:buying materials,pulling permits,keeping your van stocked are already in your hourly rate are you still suppose to markup your material?If so whats a good % to markup?
Thank you for your help!
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