This is part of an on going email conversation that I am having with some one who wants to start a company
a bug shop no less
The biz side of things
You need to look at at the hidden cost that need to be factored in to you pricing. You have the paint, abrasives, fillers, thinners, cleaners, cost, ( your cost) do you mark up your cost to the client?, or do they get it for what you buy it for? If thats the case, Do you charge them for the time to order it, and get it? What about the fuel that you pay for when you pick it up?or the time that it takes you? What about the cost of the power that you are using while working on the client car, you pay that... your tools, how do they get payed for? who pays when the compressor goes down. what about the building that you are in, does it need maintaining, who pays for that. both mat and time? Licenses, insurance, how bout the te-shirts and jeans that get ruined , ( thats why we went to dickies work shirts) It all ads up All that stuff is overhead, the cost of doing biz. Then there is your time, what is it worth? What is your knowledge and skills worth to you?How many years/decades of learning do you have under your belt got to figure all that up something to think about.....
Then can you really charge what it should be vrs what the client will pay with out going in to shock If you want to make a living doing this, then this is the price, If you want to do it on the side, or as a hobbyist then you don't need to think about any of this. It doesn't matter what a company does, if it doesn't pay for it self, then its the government.............. i.e. you pay
This got me pondering..
With out the priv sector none of this crap is posable . My job at AirkooledKustoms is to make sure that the company has enough coming in to cover what's going out. Just like every other company, with out that basic job duty the company will not exist...
Now with all that being said
I have to do that part of the job to
do the fun parts
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