Marking up materials

[craig1000]

Hi All,

Does everyone mark up their materials?
If so by how much?
A set percentage on all items?
Pick & choose items you mark up?
Customers can get a lot of stuff now the same as us so being still very fresh to pricing our own jobs was just wondering how to gauge things?

Cheers

 

[dagrat]

Yes it's essential to make a profit on the materials as well as labour. This is normal business practice. I personally use a 15-20% on cost depending on the type of job.

 

[dagrat]

This will also cover you for time spent buying the gear and also replacement of faulty parts etc

 

[monkeyelectric]

Normally 20% for me

 

[MDJ]

sort of thing that should be disscussed in the arms tbh, can't you get access there, we don't want unskilled men learning our estimating skills, we can help you in the arms.

 

[dagrat]

sort of thing that should be disscussed in the arms tbh, can't you get access there, we don't want unskilled men learning our estimating skills, we can help you in the arms.

not sure it matters that much mdj, I make this on cost clear in all my estimates. It's not really an underhand trick, but just normal business practice IMO

 

[craig1000]

Cheers guys & soz MDJ

 

[telectrix]

my wholesaler has a trade price. that is what im price to customer at. i get 20-25% off that, so that's my margin.

 

[SYKRAPS]

Even local authorities ask you to submit OH&P percentages for materials, so standard practice IMO.

 

[kingeri]

I'm not in the Arms but I wouldn't say I'm unskilled. Just my present situation means I don't 'qualify' for entry.

 

[Tim]

How do you join the arms?

 

[jeremy]

How do you join the arms?

I hold my hands together

- - - Updated - - -

Sorry!

 

[craigbisby1]

How do you join the arms?

With shoulders lol

Couldn't resist sorry

 

[Tim]

You two should be ashamed of yourselves (did make me laugh though)

 

[KevinS]

How do you join the arms?

With patience.