I noticed you have mat 10% and lab80% and equip15%, then you figured out those items separately, why are those percentages on there if you aren’t adding them to the bid items. Just curious, maybe I’m not looking at it correctly
Your cost of labour is 14.00 per hr. However its actually costing you more than 14 per hr, you have to include payroll taxes otherwise your paying out of profit!!
This is the best guide I have seen so far
It's videos like this that people pay for in real life but it's guys like him that knowledge is free...thanks you
Much appreciated!
I noticed you have mat 10% and lab80% and equip15%, then you figured out those items separately, why are those percentages on there if you aren’t adding them to the bid items. Just curious, maybe I’m not looking at it correctly
Do you have a sheet like this avaiable?
I love the category- comedy 😂😂
Thanks this should help us increase our profit
What do the percentages mean under materials, Labor, and equipment? Also great explanation 👍
Overhead mark up's. Be glad to dive in a bit further if you want more clarity?
@@jfwertz Yes please, does this relate to allowances?
Thanks!
You bet!
Your cost of labour is 14.00 per hr. However its actually costing you more than 14 per hr, you have to include payroll taxes otherwise your paying out of profit!!
Yep, that is added in as overhead recovery.
Great Info however $3 per hour on equipment doesn't even cover your fuel cost to go pick up the plants!! How are you making sure that is taken care of
With fuel cost rising, this has to be updated. Thanks for your input.
Welly explained
Welly thank you! lol
#thinkyou
can you just keep it simple? eye ball it
You can, and some companies do, but only if you're looking to go out of business?
2 time watching
Thanks for watching. Learn anything?