I think financing equipment is a great option. You can go finance a few pieces of equipment vs dumping everything you have into one. More equipment is more money. Plus you’re making money with someone else’s money it gets a bad reputation with people who are not financially responsible.
There are so few videos about this topic that are a combination of honest, understandable, straight-to-the-point, and actually worth watching. Thanks for posting.
I have absolutely no clue how your vid came up on my screen, but that was an honest, open and amazing presentation. You got balls along with some serious work ethic, not only are you not afraid to get your hands dirty but you extend that hand to someone out here that is desperate to work and needs the encouragement that only you are so willing to give. God Bless you and your family, keep working as you are and keep encouraging others through your vids. You have a new subscriber that has never hauled for money but admires your good works.
I currently do this for a living and I am located in the midwest. I have a Dingo and several trailers. The trailer most used is my 5 ton dump trailer. I was very interested in this video and found that I price very similarly to the examples you gave in the video. I have a $250 minimum for any job. As for the hauling, I charge the cost of material plus $20 per ton (if the destination is in my local area). I bring a typed, detailed scope of work including cost to each job and have the customer sign it before I start my work. I then scan the signed document with my phone and leave the hard copy with them as a receipt. My jobs typically range between $400 - $3000. My company is relatively new and I'm learning as I go but this is my current formula and has worked best for me.
@@WorkshopAddict Great question! I’ve never had someone ask for that little unless it was part of a larger Dingo job. I guess I would price it based on mileage and just make sure it was worth my while. When I started my business I decided that I’d rather lose an opportunity than work for free. I feel that I do great work when I take on a project. That’s worth something.
Your right I have a very hard time pricing these type of jobs it always sounds like a ton of money, but when you really look at it, it costs so much for everything now wear and tear can be a ton of money in itself! I don't usually leave my driveway for anything less than $500 I have a f350 diesel it's been a great truck but eventually it will be broke down, everything breaks down. You just have to charge for it.
Adapt the equipment to your customers. You don't need a loader to move a small amount of wood - a tractor half the price will do the same. You also don't have to use a 3/4 ton and a dump trailer to bring such a small loader if you don't take trees with you. This requires a greater variety of equipment.
Preventative maintenance is key to keeping money in your pocket. It doesn't matter if it's a string trimmer or a mini excavator. Know what you need and call around I bought a case of spark plugs the other day at my Echo dealer for $3 a piece in comparison to $7 at home Depot.
You are right. I have cabinets full of oil I bought on sale. Grease is another item I watch to go one sale. However, I buy a higher quality grease, so I spend more there anyway.
If your that desperate for cash you do it for anything right,? I stayed alway from heavy equipment for that reason. Owning a framing company is so much easier and profitable. But my deck company has very few tools and huge profits. A typical 10x12 pt deck on at ground level , takes 2 men , 5hrs …labor is 1600 plus materials. Pay the helper 250 for the day and make 1350 . ($100 goes to liability bf comp ins) Do as many decks a week as you want .
The point of the question was how to price out these jobs, I guess when work is slow and its better than doing nothing, right? The equipment is just sitting there, might as well use it, but how do you price the small jobs is what we're trying to figure out. Not a contractor, do have access to trailer and small equipment and i have no idea how to price it so I'm quite interested 😂
Whenever I take on a job because I might be slow and do it for a guy who does not want to pay, it ends up costing me. I either break something, or they client expects so much for the little bit that I lose money. I don't take on a job and do it at 80 percent. It is my company name and reputation.
Small job I charge a normal 8 hr day because you loss the hole day , so the customer always finds me a full days worth of work so it works out for both of us but that little job there. I will probably charge at least $1,300.00 I live in Connecticut , Fairfield County area
@@WorkshopAddict Really? I have an 09 F350 and dropped 2 tons of 3/4 Clear in it, and it only leveled out. Awesome video though. I started a small welding company with an F450 boom crane truck, and I'm still trying to figure out what to charge. People shy away from jobs because they don't want to pay the costs. Bringing that welding/crane rig out is expensive to run, never mind the cost of the equipment and eventual replacement. They just don't seem to get it. Thanks for the straightforward video! I guess I'm not alone. ☺
Don’t finance equipment hoping everything works out, pay cash for used equipment & maintain it & upgrade as allowed by cash.
Fully agree. Buy what you can afford and maintain. You never hear that talked about on UA-cam!
I think financing equipment is a great option. You can go finance a few pieces of equipment vs dumping everything you have into one. More equipment is more money. Plus you’re making money with someone else’s money it gets a bad reputation with people who are not financially responsible.
The only thing I can say is finding a cheap dump trailer is nearly impossible. Atleast where I’m at. They sell used what they sell for new.
There are so few videos about this topic that are a combination of honest, understandable, straight-to-the-point, and actually worth watching. Thanks for posting.
Great video breaking down the cost. You get a lot of customers who don’t understand why you don’t want to bring out a 100k machine for a $100 job.
Right! And some people get mad when you tell them the costs because it is just a simple job, why do you have to be so greedy.
I have absolutely no clue how your vid came up on my screen, but that was an honest, open and amazing presentation. You got balls along with some serious work ethic, not only are you not afraid to get your hands dirty but you extend that hand to someone out here that is desperate to work and needs the encouragement that only you are so willing to give.
God Bless you and your family, keep working as you are and keep encouraging others through your vids. You have a new subscriber that has never hauled for money but admires your good works.
I currently do this for a living and I am located in the midwest. I have a Dingo and several trailers. The trailer most used is my 5 ton dump trailer. I was very interested in this video and found that I price very similarly to the examples you gave in the video. I have a $250 minimum for any job. As for the hauling, I charge the cost of material plus $20 per ton (if the destination is in my local area). I bring a typed, detailed scope of work including cost to each job and have the customer sign it before I start my work. I then scan the signed document with my phone and leave the hard copy with them as a receipt. My jobs typically range between $400 - $3000. My company is relatively new and I'm learning as I go but this is my current formula and has worked best for me.
Thank you for sharing this! If someone asked for a trailer of mulch, maybe one ton? Would that be 20 bucks?
@@WorkshopAddict Great question! I’ve never had someone ask for that little unless it was part of a larger Dingo job. I guess I would price it based on mileage and just make sure it was worth my while. When I started my business I decided that I’d rather lose an opportunity than work for free. I feel that I do great work when I take on a project. That’s worth something.
Your right I have a very hard time pricing these type of jobs it always sounds like a ton of money, but when you really look at it, it costs so much for everything now wear and tear can be a ton of money in itself! I don't usually leave my driveway for anything less than $500 I have a f350 diesel it's been a great truck but eventually it will be broke down, everything breaks down. You just have to charge for it.
Adapt the equipment to your customers. You don't need a loader to move a small amount of wood - a tractor half the price will do the same. You also don't have to use a 3/4 ton and a dump trailer to bring such a small loader if you don't take trees with you. This requires a greater variety of equipment.
Preventative maintenance is key to keeping money in your pocket. It doesn't matter if it's a string trimmer or a mini excavator. Know what you need and call around I bought a case of spark plugs the other day at my Echo dealer for $3 a piece in comparison to $7 at home Depot.
You are right. I have cabinets full of oil I bought on sale. Grease is another item I watch to go one sale. However, I buy a higher quality grease, so I spend more there anyway.
$2.50 a mile $250 hour one hour minimum
If your that desperate for cash you do it for anything right,? I stayed alway from heavy equipment for that reason. Owning a framing company is so much easier and profitable.
But my deck company has very few tools and huge profits. A typical 10x12 pt deck on at ground level , takes 2 men , 5hrs …labor is 1600 plus materials. Pay the helper 250 for the day and make 1350 . ($100 goes to liability bf comp ins) Do as many decks a week as you want .
Right on
How about having multiple small jobs in a day?
The point of the question was how to price out these jobs, I guess when work is slow and its better than doing nothing, right? The equipment is just sitting there, might as well use it, but how do you price the small jobs is what we're trying to figure out. Not a contractor, do have access to trailer and small equipment and i have no idea how to price it so I'm quite interested 😂
Whenever I take on a job because I might be slow and do it for a guy who does not want to pay, it ends up costing me. I either break something, or they client expects so much for the little bit that I lose money. I don't take on a job and do it at 80 percent. It is my company name and reputation.
Small job I charge a normal 8 hr day because you loss the hole day , so the customer always finds me a full days worth of work so it works out for both of us but that little job there. I will probably charge at least $1,300.00 I live in Connecticut , Fairfield County area
Dump trailer just change $250.00 a drip or more it’s a specialized trip because you can fit
An old ford wouldn't squat
A real old ford. Been driving ford's since 2003 and they loved to squat.
@@WorkshopAddict Really? I have an 09 F350 and dropped 2 tons of 3/4 Clear in it, and it only leveled out. Awesome video though. I started a small welding company with an F450 boom crane truck, and I'm still trying to figure out what to charge. People shy away from jobs because they don't want to pay the costs. Bringing that welding/crane rig out is expensive to run, never mind the cost of the equipment and eventual replacement. They just don't seem to get it. Thanks for the straightforward video! I guess I'm not alone. ☺
trailers? learn how to weld and make your own, or go rent one. The new price on trailers is worse than prices for 2nd hand cars.
Trump 2024!