Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Pham said:I've seen large firms with principal/partner level engineers billing out much less than that.
Also, the plumber has an investment in a lot of tools and equipment, as well as inventory in that truck. He's probably driving around in at least $250k of locked up capital. A good chunk of that $155 is servicing that (either paying on loans or as ROI).
XR250 said:My guess is most plumbers have less than 5k in tools
pham said:With a couple of very rare exceptions, $1200 is about my minimum for a job now.
gte447f said:XR250, $225/hour is excellent (for you), but when and for what kind of jobs/customers do you actually get to charge this rate? I would imagine if the job is more than 1-2 hours then small time clients would start to get sticker shock at that rate. Sounds like for your "15-30 minute site visit and report for $675" you must be charging a flat rate, since at 1.5 hours, that equates to $450/hour. I'm curious what can you possibly be doing in 1.5 hours, when you factor in drive time, time on site (only 15 minutes!... geez), and time to fire up your computer and write a report, not to mention customer intake (answer the phone, sales pitch, signed contract, etc.) and project closeout (invoicing/billing/getting paid). I
XR250 said:One of my competitors actually has his wife drive him from job to job so he can write the reports between them.