Priceing

[allan33]

Might sound silly but how do you price up either a job or a item you have made? I made some planters and somebody want to buy them yet when I thought about it I didn't want to under charge for my time and materials or over price and scare them away so some help would be great.
Allan33

[mark270981]

Hours taken x hourly rate + materials and expenses + 20% (or whatever mark up you want to put on)

[riclepp]

Hours taken x hourly rate + materials and expenses + 20% (or whatever mark up you want to put on)

I do prety much the same

Hours worked (including drawing and set out time x Hour rate + Materials +30% wastage, consumables and brass +20 - 30% depending on the type of client.

[JonR]

Think of a price double it then add 25%, then hope for the best

[sainty]

What's the market price for the items? Do your research and price accordingly.
Then work out the costs/markup as mentioned above and see what you get.

[Louis84]

I charge my day rate to the nearest half day.
I add 40% to timber and glass (20% if good customers)
20% to any other materials.

Sometimes you look at an invoice, after pricing it and think " Jesus I can't charge that, it looks too high"
Stick to it. "It is what it is" as they say. And then realise that the majority of customers will earn a hell of a lot more than us, and know that hand made stuff is simply more expensive

[allan33]

Hi Guys
Sorry I've been a bit preoccupied with work and other things and have not been on this sight for a while please don't think I'm rude, time seems to have passed me by to quickly.
Thanks for you replies and I've taken on board what you have all said.
Thanks again for your help, one day I might be able to sell something ( That's my dream anyway)
Kind regards
Allan
Complete novice

[Top Notch Joiner]

Whatever you do, don't purchase Joinerysoft to work it out for you!

[allan33]

Unread postby Top Notch Joiner » Fri Nov 21, 2014 2:05 pm

Whatever you do, don't purchase Joinerysoft to work it out for you!


Hope you don't mind me asking whats joinerysoft?

[york33]

Please don't start him up again!

[Tomyjoiner]

Too late

[allan33]

So what is it?

Hiding in bunker now just in case.

[promhandicam]

An expensive piece of software intended for medium to large businesses.

[Top Notch Joiner]

An expensive piece of software intended for medium to large businesses.

Intended for medium to large businesses, but ruthlessly sold to naive sole traders when sales are quiet.............. I'm not bitter, honest.

[thatsnotafestool]

An expensive piece of software intended for medium to large businesses.

Intended for medium to large businesses, but ruthlessly sold to naive sole traders when sales are quiet.............. I'm not bitter, honest.

b*ll*cks. If you were daft enough to buy it, there is no-one to blame other than yourself. For f**k sake, give it a rest.

[Top Notch Joiner]

Clearly you missed my use of the word 'naïve', Festool lover.

How's the evening classes going at your local charm school by the way? Coming on a bundle, aren't you.

[thatsnotafestool]

...
How's the evening classes going at your local charm school by the way? Coming on a bundle, aren't you.

Very well, thanks. We learnt a new phrase yesterday and now I get a chance to use it !

Here it is.

"I think you're a tw*t"

[Top Notch Joiner]

No, no. I said charm school, not the finishing school for knob heads!

Clearly you have been receiving one to one tutoring at the latter. More time at the charm school, would be my advise.

[thatsnotafestool]

Allan33 - What most of the guys have said above (ignore TNJ !). I also add £50 to each job for consumables such as fillers, abrasives, adhesives, paint etc.

[Top Notch Joiner]

Filler? You have the nerve to charge your customers, for the fact that you're rough?

Shame on you Festool.

[senior]

Both making yourselves look like plonkers.......

[Top Notch Joiner]

I am pulling Festool's plonker, Mr Grumpy. Let me tell you, it doesn't take much pulling!

[Top Notch Joiner]

Apoligies, if that last bit sounds wrong!

[sainty]

Filler? You have the nerve to charge your customers, for the fact that you're rough?

Shame on you Festool.

[thatsnotafestool]

Duh? Grain filler !

[Tomyjoiner]

Nice!

[Top Notch Joiner]

Allan33 - What most of the guys have said above (ignore TNJ !). I also add £50 to each job for consumables such as fillers, abrasives, adhesives, paint etc.

Oi Festool!!!! I'm not very happy with you!!!! One of my long standing customers asked me to give him a price for a picture frame right? So I worked out my time, timber, glass. Then I took your advise and chucked on 50 quid, for my "fillers, abrasives, adhesives, paint etc", like you suggested above. He's told me to stick my price right up my ar5e!

I also did a price for a stately home, which needs all of its windows replacing right? Again, I lumped on my 50 quid, for my "fillers, abrasives, adhesives, paint etc", like you suggested above. Now, I am facing bankruptcy!!!!!!!

Thanks a bunch! Stick your advise OK? Just stick it!

[thatsnotafestool]

TNJ - I made the mistake of taking you off Ignore. Easily solved. Best things to do with Tiresome Little Trolls such as thee.

[tusses]

ooh ... I've never used that feature before .. it works ! he's gone

[Rogerdodge]

Remember he does not exist unless we are thinking about him and I am definitely not thinking about him . ( Who ? )



Rog

[sgiandubh]

Allan33 - What most of the guys have said above (ignore TNJ !). I also add £50 to each job for consumables such as fillers, abrasives, adhesives, paint etc.

Oi Festool!!!! I'm not very happy with you!!!! One of my long standing customers asked me to give him a price for a picture frame right? So I worked out my time, timber, glass. Then I took your advise and chucked on 50 quid, for my "fillers, abrasives, adhesives, paint etc", like you suggested above. He's told me to stick my price right up my ar5e!

So why, and how would your client know that you added a figure of any sort for 'sundries' TNJ, although I assume you're just stirring the pot for some entertainment? Do you list things like glue, screws, nails, stopping, grain filler, abrasives, and the like for clients to see. In estimates or quotes I produce all the client sees is a price for the job; there are lists of line items, including all materials, each individual labour item, delivery or installation charge, etc, and these are all visible on the computer monitor as I create estimates or invoices, but they're all hidden in what are known as 'Group Charges' on the printed versions. In the printed version there's a brief description of what's being (or been) provided and a price visible at the bottom line, and that's it, and included in the price (hidden from the client's view, like everything else) is 10% added to the material costs for the sundries (with all of the materials marked up for resale). Slainte.

[mtr1]

I generally give a total price to pay, I don't bother breaking it down for the benefit for any except myself. There are spreadsheets I think, but I haven't taken a look, opting to write it down on a piece of paper and then adding it all up. Anyone know of a spreadsheet template thats editable? I think that would be the easiest transfer from fag packet to computer.

[sgiandubh]

I generally give a total price to pay, I don't bother breaking it down for the benefit for any except myself. There are spreadsheets I think, but I haven't taken a look, opting to write it down on a piece of paper and then adding it all up. Anyone know of a spreadsheet template thats editable? I think that would be the easiest transfer from fag packet to computer.

I use QuickBooks Pro. It has an estimating function (not every version of QuickBooks does), and you can create invoices from an estimate. As I mentioned above, everything's hidden except the bottom line, but that's how I've set it up to operate. I don't know anything about Sage's accounting software, but I wouldn't be surprised if there are versions that will do much the same thing. Can't help you with hiding cells, rows, columns, etc in an Excel spreadsheet I'm afraid. Slainte.

[Top Notch Joiner]

TNJ - I made the mistake of taking you off Ignore. Easily solved. Best things to do with Tiresome Little Trolls such as thee.

Oh Festool, you are the gift that keeps on giving. I even made it clear that I was pulling your plonker, but you still took my last post the wrong way .

What I was trying to say, with a hint of humour, was that there is a flaw to your suggested pricing method (adding £50 to every job).

I know it is very easy to take comments out of context on the internet, so next time I will let you know when I am pulling your leg okay. Or shall I not? Hmmmmmm, I must admit you're reactions to my comments are entertaining, so I may just let you work it out for yourself, my old fruit.

[Top Notch Joiner]

So why, and how would your client know that you added a figure of any sort for 'sundries' TNJ, although I assume you're just stirring the pot for some entertainment? Do you list things like glue, screws, nails, stopping, grain filler, abrasives, and the like for clients to see. In estimates or quotes I produce all the client sees is a price for the job; there are lists of line items, including all materials, each individual labour item, delivery or installation charge, etc, and these are all visible on the computer monitor as I create estimates or invoices, but they're all hidden in what are known as 'Group Charges' on the printed versions. In the printed version there's a brief description of what's being (or been) provided and a price visible at the bottom line, and that's it, and included in the price (hidden from the client's view, like everything else) is 10% added to the material costs for the sundries (with all of the materials marked up for resale). Slainte.

When I do a price, without the aid of Joinerysoft - which I am very pleased with of course - I do not list items. I just offer a total price for each job.

I always specify exactly what is covered within that price, in a fairly brief job description though. You can't leave yourself open. That way, the customer can't say, "Oh, I thought you would have done x or y. And the customer knows exactly what they can expect from me, and I can not cut corners. Transparency has been the key for me.

[Doug]

TNJ - I made the mistake of taking you off Ignore. Easily solved. Best things to do with Tiresome Little Trolls such as thee.

Oh Festool, you are the gift that keeps on giving. I even made it clear that I was pulling your plonker, but you still took my last post the wrong way .

What I was trying to say, with a hint of humour, was that there is a flaw to your suggested pricing method (adding £50 to every job).

I know it is very easy to take comments out of context on the internet, so next time I will let you know when I am pulling your leg okay. Or shall I not? Hmmmmmm, I must admit you're reactions to my comments are entertaining, so I may just let you work it out for yourself, my old fruit.

But he can't read your posts TNJ as you are on his ignore list so your posts won't show on his computer.

That is as long as someone who isn't on Rog's ignore list doesn't quote one of your posts

[tusses]

yeah... thanks for that Doug ! !lol!

[thatsnotafestool]

Doug is, if not anything else, helpful.

[Doug]

It's OK lads, I consider it care in the community don't want Top Notch getting a complex

[thatsnotafestool]

It's OK lads, I consider it care in the community don't want Top Notch getting a complex