Pricing question

[Justinglinn]

As you all know I am getting back into the business after a very long break from it (10 years)

tell me if this is a good pricing rule of thumb until I really hone my prices...

3 times material cost + shop hourly rate + monthly cost of equipment worked in.

Would you guys agree with this?

~Justin

 

[TXFB.INS]

here is an excellent thread that goes over pricing and does so in detail

http://www.signs101.com/forums/show...do-you-use-to-quote-a-job&p=673728#post673728

 

[J Hill Designs]

shop rate should already have the monthlies factored in...

and 3X materials is a bit overboard IMO

 

[Fred Weiss]

As you all know I am getting back into the business after a very long break from it (10 years)

tell me if this is a good pricing rule of thumb until I really hone my prices...

3 times material cost + shop hourly rate + monthly cost of equipment worked in.

Would you guys agree with this?

~Justin

I think you'll find some flaws with that and that you would benefit from reading all 136 posts in this thread.

 

[Justinglinn]

Thanks

I started reading through the thread you guys directed me to. It is very informative.

~Justin