How do you guys cost your jobs?

[Octopus]

Even for domestic?

If not more and the first hour should be higher.....

 

[buzzlightyear]

my rate is £30.think about it scams, van, insurance etc...

 

[Mark.W]

So when working on domestic you work over 10 hours per day?

I tend to use the £22.50 for the smaller jobs, but if its a larger job like a re-wire where I'll be there for say 8/9 days then I price it on a day rate. In hind sight I may have been wrong in doing this.

 

[Mark.W]

my rate is £30.think about it scams, van, insurance etc...

I put the scams, van etc in my O/H calculation, that why its slightly higher than everyone else's.

 

[Octopus]

I tend to use the £22.50 for the smaller jobs, but if its a larger job like a re-wire where I'll be there for say 8/9 days then I price it on a day rate. In hind sight I may have been wrong in doing this.

So if you manage 5 x small jobs in 1 day (allowing for travelling and getting parts between jobs, you will gross £112.50 - that's no way enough given you then need to deduct about £31 overheads - which makes your 8 hour day, out and about worth a paltry £10.18 per hour

 

[Octopus]

I put the scams, van etc in my O/H calculation, that why its slightly higher than everyone else's.

Those ARE overheads.

Everything that isn't resold to a client is an overhead ....

 

[buzzlightyear]

half a days rate 4 hours £125.00 . 4/125.00=31.25.

 

[Mark.W]

Those ARE overheads.

Everything that isn't resold to a client is an overhead ....

yeah I know, what I'm saying is I have a separate line in my costing for overheads, I don't include the overheads in my labour rate.

I do my labour rate and then add on my overheads etc.

Does that make sense.

Here's a typical eg of my costing sheet.

Cost of Materials Incl Vat 249.26
+ MU @ 20%. 49.85
= Material Sell 299.12

Labour Rate @ £22.50/hr
16 Hrs 360.00
+ MU @ 20% 70.00
= Labour Sell 432.00

Overheads
Fuel @ 0.69 p/mi
19 Miles 26.22. (Based on 2 days travel return trip)
Other (Insurance etc) 85.71
Total Overheads 111.93

Job Sell 814.05

0% Contingency -

Customer Pays 814.05

 

[Octopus]

why are you putting mark up on labour .......... unless you employ sub contractors?

I think your model is too complicated ........

 

[Mark.W]

why are you putting mark up on labour .......... unless you employ sub contractors?

I think your model is too complicated ........

Not sure that's what I've alway done. Seems to work so far, I win about 70 - 75% of my jobs.