Recent content by Mark.W

How do you guys cost your jobs?

Thanks for this I have now changed from Kashflow to QuickBooks, its a lot better.
- Mark.W
- Post #46
- May 9, 2018
- Forum: Business Related
How do you guys cost your jobs?

I use KashFlow, which is nice for quoting, invoicing etc. Looked at Xero but not really looked at Quick Books. I've only been Self Employed since May last year, before that I was always on the cards, so this is a good learning curve for me, and your advice and knowledge is much appreciated...
- Mark.W
- Post #40
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

I think I am just very "Bullet pointed" I like to see on paper, what I have earned, what my O/H costs are, what my materials cost are etc. If I was to add my O/H into my labour costs I wouldn't really know what to pay myself and I think that may come with time.....
- Mark.W
- Post #35
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

Yeah I agree, it does seem to simplify things , and this exactly the advice I was after. This is why I asked how everyone else costs their jobs. Cheers
- Mark.W
- Post #32
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

Not sure that's what I've alway done. Seems to work so far, I win about 70 - 75% of my jobs.
- Mark.W
- Post #30
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

yeah I know, what I'm saying is I have a separate line in my costing for overheads, I don't include the overheads in my labour rate. I do my labour rate and then add on my overheads etc. Does that make sense. Here's a typical eg of my costing sheet. Cost of Materials Incl Vat 249.26 + MU...
- Mark.W
- Post #28
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

I put the scams, van etc in my O/H calculation, that why its slightly higher than everyone else's.
- Mark.W
- Post #24
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

I tend to use the £22.50 for the smaller jobs, but if its a larger job like a re-wire where I'll be there for say 8/9 days then I price it on a day rate. In hind sight I may have been wrong in doing this.
- Mark.W
- Post #23
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

What are everyone else's rates? and do you charge differently for Domestic and commercial?
- Mark.W
- Post #19
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

Even for domestic?
- Mark.W
- Post #17
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

I charge £22.50 for domestic and £35 for commercial. Day rate is £250
- Mark.W
- Post #15
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

Hi Murdoch, That was just an example. My Overheads come in at £635 pm. It was more the formula and calculations I wanted to get across.
- Mark.W
- Post #14
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

Agree on the the 20% markup on larger jobs. I tend to do the markup on a per job basis. I used 20% in a general sense. Thanks for your input though.
- Mark.W
- Post #3
- May 2, 2018
- Forum: Business Related
How do you guys cost your jobs?

Hey Guys, Just wondering how you guys are costing and marking up your jobs. What I am currently doing is a 20% markup on materials and 20% on labour, and then with regards to Overheads I have a formula as follows: Eg: If I require £900/month to keep my business afloat and there is on...
- Mark.W
- Thread
- May 2, 2018
- advice cost electrical work jobs
- Replies: 45
- Forum: Business Related
Megger 1735 for sale or swap for Fluke 1664FC

Just preference I suppose.
- Mark.W
- Post #5
- Mar 18, 2018
- Forum: For Sale and Wanted Forum

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