How Much Should You Charge as a Contractor?

Рет қаралды 3,663

Күн бұрын

Ever wonder how much should you charge as a new contractor? This is applicable to most industries. Knowing what to charge as a contractor is one of the hardest things to figure out. It's all about the numbers. Calculating labor and equipment will curb the guessing when estimating a project. This is for the owner/ operators out there.
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Пікірлер: 20

@darrenwareing5715 Жыл бұрын

Im Self Employed and this is bang on!

@miguelvazquez7941 2 жыл бұрын

Very good and informative thank you 🤝

@nowhereplace.26 4 жыл бұрын

Loved the video! Good info on building a business. This info even applies to other business

@down2dirttv945 4 жыл бұрын

Next one we'll talk about profit

@askvalormasterminds 4 жыл бұрын

Great video and explanation on how contractors should bid. So good, I even shared it

@down2dirttv945 4 жыл бұрын

Really appreciate the love!

@hermanb.iniguezc.sr.253 Жыл бұрын

How much to pay a person that’s good wit jack hammering ?

@rogiervantilburg3440 2 жыл бұрын

Great video!

@coachm2075 2 жыл бұрын

Good general overall for getting started. I have been working for myself for 30 years and make enough to live and take care of my family but I see others making so much more than I and not killing themselves to do it. Knowledge is power one can never stop learning to improve

@jamesnewsom5899 2 жыл бұрын

Great overview. Fundamentals: 1) We are Professionals 2). Know your actual costs/needs 3). Charge with retirement in mind. Thank you!

@lcmlcm2460 3 жыл бұрын

Great video

@down2dirttv945 3 жыл бұрын

Really appreciate that

@marktannehill9701 3 жыл бұрын

Do a video on tax right offs for contractors.

@down2dirttv945 3 жыл бұрын

That’s a good one for this time of year. Thank you!

@marksmith4512 2 жыл бұрын

I wished you went into more details on how to take the overall expenses and divide by actual production rate (billable hours) to come with an hourly rate. How do you know how many hours you will actually bill and what about when you have things like a pandemic interfere with those billable hours? Please elaborate.

@alexandertinoco7167 Жыл бұрын

I would also like this to be elaborated as well.

@jtbro7644 2 жыл бұрын

On repairs save a dime now. You will pay 2.00 tomorrow. Don't patch for today. Fix it today so it don't brake down tomorrow. I worked on trucks and seen coolant leaks that would cost 100.00 in parts. Cost sever thousands of dollars because it was put off. A one day fix can save you alot in long run if you fix it right when it needs fixed

@am8115 2 жыл бұрын

I think it would have been helpful to do the math of two different types of jobs and compare the different rate you would charge. This just basically told me charge a lot of money, which is helpful but not as helpful as a formula

@dieselmex1808 Жыл бұрын

There’s really no magic system to price. I’ve seen companies charge triple what I charge for the same job. I’ve seen companies charge half what I charge.