i was offered a job of sorts last night. a buddy of mine. his rich mother just bought a few pieces of iron. couple of dozers. back ho. bob cat. truck and trailer. she's wanting to start up an excavating firm. she had some one running the equipment. but it didn't work out guess he was a drunk. any way i don't know the full story. but what i was told was she's looking for someone to come in and basically start up a small company. And grow from there. she's willing to purchase more equipment when needed. So my questions are as follow.
What's kind of figures do you use to figure a job?
What kind of figures do you use to figure equipment cost.
What kind of over all profit margin should there be after everything is said and done.
Would this possibly be a good venture to go after or should I stick working for the man? Id be working for the woman now. but from knowing his Mom she's the type of person who would give me total control over everything as long as there's a profit. She's all about making money.
She's even willing to bring the shop into union. Everything feels right. guess I need to wait till I meet with her next week.
so any help you guys can give me id appreciate it. thanks payton
What's kind of figures do you use to figure a job?
What kind of figures do you use to figure equipment cost.
What kind of over all profit margin should there be after everything is said and done.
Would this possibly be a good venture to go after or should I stick working for the man? Id be working for the woman now. but from knowing his Mom she's the type of person who would give me total control over everything as long as there's a profit. She's all about making money.
She's even willing to bring the shop into union. Everything feels right. guess I need to wait till I meet with her next week.
so any help you guys can give me id appreciate it. thanks payton
.I think as far as figuring jobs there are books out there that will get you in the ball park as far as pricing but I think alot of it just comes right down to have the experience.I just figured a demo job for a set of cement stairs and I was told by the purchesing dept for the co that I was in the ball park as far as price but I just figured out time and equipment needed and removal cost and just how much profet that I wanted to make.Some contractors put a 10-20% on top of the whole job so on a $2K job at 20% you would make a$400 profit.But you have to know how much time you will be there at any given job that you do so you don't loose money because of time.