How to Invoice and Pricing for Profit Screen Printing T-Shirts

Рет қаралды 15,827

6 жыл бұрын

Hey screen printers! Here is the invoicing system we use and how we price our t-shirt screen printing for profit. We hope this how to invoice and price for profit for screen printing helps! Use our Amazon links to help support our channel. amzn.to/2nAwJhd
Ryonet's Pricing for Profit Calculator - support.screenprinting.com/hc...
Some of the supplies we use in our shop:
110 20” x 24” Screens - amzn.to/2nAwJhd
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Adobe Software Discounted (Illustrator, Photoshop) - bit.ly/Adobe-Photoshop-CC-Scre...
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24" GCC Expert II Vinyl Cutter / Plotter - bit.ly/GCC-Expert-II-24-Plotter
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Feel free to leave a comment or contact us if you have any questions about screen printing or graphic design. Please like, subscribe and share our videos so we may continue to make more free video tutorials about screen printing & graphic design.
For custom screen printed shirts:
www.mikeydesigns.com
or contact me directly at matt@mikeydesigns.com or 281.900.5731
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Music by Matthew Chevalier (me)
DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links and make a purchase, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support!.

Пікірлер: 69

@mikeydesignssilkscreen473 5 жыл бұрын

Thanks for watching! We'll revisit this subject in the near future as we have progressed how we invoice and price our shirts for profit.

@teamletteracing 5 жыл бұрын

I’m just looking into starting a screen printing business/hobby so I’m really appreciating your videos!!! Thank you!!!

@mikeydesignssilkscreen473 5 жыл бұрын

Thank you! I really appreciate you watching them.

@walkbabyone 2 жыл бұрын

wow man, ive been screening for about 4 years, learning the craft, I just got my first official job and the customer asked foe an invoice, ive learned about that,,,and much more...thanks brother

@mikeydesignssilkscreen473 2 жыл бұрын

Any time!

@Rightsiderspodcast 6 жыл бұрын

Wooo nice thank you for the response will get on this invoice system thanks for looking out for us printers BLESSINGS TO YOU AND YOURS !!

@mikeydesignssilkscreen473 6 жыл бұрын

You're welcome! Anything to help out a fellow screen printer. Same to you!

@davidharrell5927 6 жыл бұрын

REALLY GOOD overview.

@mikeydesignssilkscreen473 6 жыл бұрын

Thanks, I really appreciate it!

@jotajota5936 6 жыл бұрын

Hey thank that's what I was looking for . Very helpful and good luck in your business I know you'll do well

@mikeydesignssilkscreen473 6 жыл бұрын

Glad you found it!!! Thank you very much and we wish the same for you.

@jotajota5936 6 жыл бұрын

Thank you Mikey

@mikeydesignssilkscreen473 6 жыл бұрын

Any time!

@nekkron99 6 жыл бұрын

Nice vid man.

@mikeydesignssilkscreen473 5 жыл бұрын

Thank you!

@eskymovercoe8768 6 жыл бұрын

Great advice, paypal invoicing, check.

@garagelifeink8331 2 жыл бұрын

Thank you✌️😎💨

@mikeydesignssilkscreen473 2 жыл бұрын

Any time!

@Obeysuls96 4 жыл бұрын

how about when the want an extra design. for example, other than a back print. how much you will charge for the extra design in the front left chest pocket.

@saul4691 5 жыл бұрын

This tutorial was very helpful . Just one question. How do you figure out the turnout of your jobs?. I do some screen printing and sometimes the particular color garment is not available with any of my suppliers or t shirt style. How do yo deal with this.

@mikeydesignssilkscreen473 5 жыл бұрын

Our turnaround time is standard stuff. About 10 business days, or up to 15 during the busy season. If we run into a vendor being out of a color, we let the client know and find a suitable substitution or recommend something similar.

@rdp7119 5 жыл бұрын

great vid!. I just bough a one color press to print my brand. But now that I have the press I wanted to take advantage of it and offer t-shirts to other businesses... and your video was exactly what I needed to figure pricing. I assume that when you have a 2 color job you charge duplicate the cost of the screen fee? ($20 each screen)

@rdp7119 5 жыл бұрын

Forgot to ask: how do you charge a design that has a front pocket and full back print?

@mikeydesignssilkscreen473 5 жыл бұрын

That's awesome! And you're correct. So it would $40 in screen fees and the amount of time it'll take on a manual will be longer.

@irishangayen8923 5 жыл бұрын

Hi there, Thank you for this video! It's really helpful but how about the labour cost? How did you add that to your invoice?

@mikeydesignssilkscreen473 5 жыл бұрын

Add labor to the pricing calculator and how many shirts per hour you can print. It'll break down the labor cost per shirt.

@crumptees 5 жыл бұрын

We use Waveapps which has a processing fee of 1% if you do the payment through wave and it also allows you to do payroll for a monthly fee, but the invoicing part is free. We get our money in our bank account in 2-3 days.

@mikeydesignssilkscreen473 5 жыл бұрын

Nice! We'll have to check that out. We're stuck with PayPal at the moment until we finish paying off a PayPal working capital loan which has helped us grown our business.

@crumptees 5 жыл бұрын

@@mikeydesignssilkscreen473 nice thing with wave is that you can add products and specify a markup price on the shirts so you don't have to look up the last price you charged 👍 makes the process quicker when quoting.

@blackheartteesclothing 6 жыл бұрын

Matt quick question about how you got your numbers for your Print Cost Per Location? What factors does that include to get a number? Thanks Pat

@mikeydesignssilkscreen473 6 жыл бұрын

Hey Black Heart Tees. We factor in our overhead costs, and how much we need to make an hour to make a living, including taxes and all. Then we take how many shirts we print per month, which for us it's about 2000-2500 now. We factor in how much it costs us to make a screen. Which for us is about $6.50 per screen (ink remover, emulsion remover, emulsion, film, ink for the printer, and screen tape). Each color takes a screen. Each print location takes x amount of time. We know that, manually, we can do about 120 shirts an hour for 1 color, 100 for 2 colors, 85 for 3 colors, 65 for 4, 50 for 5 colors, and about 35-40 an hour for 6 color prints. Then we factor in our profit margin, which for us we like to hit 30-40%. We have our break even print cost and will not go below that. Otherwise we are losing money. We charge $20 per screen which also helps pay for the time creating a screen. We know it takes about 40 minutes to create 1 screen (total time spent reclaiming, coating with emulsion, setting up art, printing film, exposing, and washing out the image). We do not include screen dry times because we really aren't putting in work, and we do about 20 screens at a time. I hope this helps some.

@blackheartteesclothing 6 жыл бұрын

Thank you this helps alot so appreciate your time in responding

@gmoneyshiphop1 6 жыл бұрын

nice

@mikeydesignssilkscreen473 6 жыл бұрын

Thank you!

@dooman42 5 жыл бұрын

Can you send me Ryonet’s printing for profit sheet can’t find it. Link not working

@madisonsmith5493 6 жыл бұрын

Do you ever have issues with someone who is ordering various styles, colors, and sizes? How do you verify with your client that all of those details are correct? I usually so that by specifying on the invoice. How do you handle this?

@mikeydesignssilkscreen473 6 жыл бұрын

We just make a separate line with the model number of shirt, and charge accordingly. For example, if someone wants youth and adult shirts, say a Gildan 2000 / 2000b, we'll make two separate lines. Or, if someone wants black shirts, and white shirts, we'll make a separate line for those color shirt. If a client want multiple color shirts, same style, we'll list out the colors they would like. We list the sizes and all in the description box. It's a very manual way to do it, but it works. I hope this helps.

@maga_q_anon8384 5 жыл бұрын

The calculator page is not available.

@terradan2013 6 жыл бұрын

What's up Mike? How did u get ur logo to show up in such good resolution on ur invoice? When I add mine it's all distorted looking?

@mikeydesignssilkscreen473 6 жыл бұрын

Hey Terrance! Just be sure to load it up at the size you want at 72 dpi. That should help.

@terradan2013 6 жыл бұрын

Thanks Matt.

@mikeydesignssilkscreen473 6 жыл бұрын

You're welcome!

@rpbvid 6 жыл бұрын

Mikey Designs & Silk Screen Another great video, Matt! 👍

@bigrayg7978 4 жыл бұрын

Hey Matt. Do you always mark up shirts at the same percentage?

@mikeydesignssilkscreen473 4 жыл бұрын

We don't. If the shirt costs over $30, then we'll do 50%. Just depends on the client. For some clients, we may do 50% if it's a huge order on regular tees. Say for instance someone wants 1,000 shirts, we may mark the shirts up 25-50%. Whatever they're willing to pay or what the competition is offering to land the job.

@bigrayg7978 4 жыл бұрын

@@mikeydesignssilkscreen473 thanks for taking the time to reply. I'm considering opening a shop and running it with my son. Pricing is the hardest part of screen printing.

@mikeydesignssilkscreen473 4 жыл бұрын

@@bigrayg7978 It sure is. This calculator will help. You can also call around and see what others are charging.

@mikeydesignssilkscreen473 4 жыл бұрын

@@bigrayg7978 Keep us updated as to how things go! I hope my son gets into screen printing, when he's old enough. He's 6 so he's got a little time. lol

@saul4691 3 жыл бұрын

how is going Mikey . Now days with the Covid-19 Situation for me in order to complete an order apparel gets shipped from different locations for instance S&S or Alpha Brother could be an example. Shipping cost can get expensive. Specially when is a small order. How do you go about that. check inventory first than price it out? and what about if that is a recurrent client . Do you run your prices up and down? if you are doing the same type of shirt an design for this particular customer. best regards. take care

@mikeydesignssilkscreen473 3 жыл бұрын

Hey Saul. We've noticed this too. We try to combine multiple small orders to reach $200 and to get free shipping. The shipping is free even if it has to come from different locations. We keep the price the same, even if it's a reorder because we have to make the screens again. We don't save screens, unless a client wants to buy them, but we still would prefer to reclaim the screens and start fresh.

@saul4691 3 жыл бұрын

@@mikeydesignssilkscreen473 thanks for the pointer it is time to hit the squeegee Best regards

@papascateringstreetfood2173 6 жыл бұрын

Good video Ryonet's calculator will do a whole lot more in verifying business reserves, labor, ink & with slight modifications can be merged with QUICKBOOKS. I like your PAYPAL invoices. Have you had any problems with PayPal not releasing funds so that you could purchase BLANKS?

@mikeydesignssilkscreen473 6 жыл бұрын

Thank you. You're absolutely right about that, but since it's really just Shannon and I, this makes it simple. Once we hire someone to start helping, we'l really dive deeper in to using the shirts per hour and labor costs. Thanks for the tip. I use quick books, their self-employed app and it makes filing that much easier. Love quick books. It's awesome to know I could use it in conjunction with the calculator. They only time I had a problem with PayPal was manually punching in a credit card with their PayPal here app. If you do not use the card reader, and manually punch it, if you go over $4K in sales, they place a 30 day hold on the funds just to make sure you're not running a scam with stolen credit cards. I didn't realize that and started using their virtual terminal for that. Only other issues have been clients wanting refunds that weren't happy for what ever reason. They can withdraw the funds. You then go through a review process. Let's just say in the 4-5 years I've been using it, that's only happened twice, but I've won both cases. Just be sure to state in your terms and conditions, no refunds.

@papascateringstreetfood2173 6 жыл бұрын

Production rates on a manual press: one color 120 shirts / hr; 2 color 85 shirts / hr; 3 color prints 67 / hr; 4 colors / 50 shirts per hr & 6 colors at 19 shirts / hr. utilizing a conveyor belt dryer and a press with at least 4 stations; or 6 color 6 stations BEST WISHES!

@mikeydesignssilkscreen473 6 жыл бұрын

Great info! We actually have ours broken down VERY similar when we use the hourly rate.

@papascateringstreetfood2173 6 жыл бұрын

I discovered this system originally by mistake after mistake. The book, PROFITS FIRST, solidified my adherence to the principle explained in the book and Ryonet's cost plus spreadsheet. My spreadsheet pricing calculator separates my profit into categories that are then deposited into their appropriate check and saving accounts. By then comparing my actual expenses against our deposits I verify the accuracy of the spreadsheet time / cost calculations. Should there be insufficient money in the reserve account or payroll labor account or the "INK" account to purchase the replacement amount of say ink, I know I need to increase the cost estimate of the ink in the spreadsheet. If the "INK" account has too much money then I reduce the spreadsheet cost of ink. Over the years of use, the spreadsheet calculator has become extremely accurate. Ryonet has created a basic COST PLUS PRICING SPREADSHEET CALCULATOR that can easily be modified so that my company reserve accounts can be totaled for each cost segment of the spreadsheet. This provides me with extreme control of my business.

@mikeydesignssilkscreen473 6 жыл бұрын

Would you mind sharing your processes? How you have all that setup, because that would be great to have something like that working for our business. Or could you point us to a resource on how to get such a system setup?