bidding new job

davsom1

I am taking over my dads business. I have all the tools and have worked with tile for 14 years now. The problem is, my dad always bid the jobs. I just did the work. Now that my dad is suddenly no longer here, I am having trouble. All it is is a 150 square foot entry way. I have to rip out the old hard wood and put in 18 inch tiles. I was thinking $600. Is this to high or to low?

cejkwo

davsom,a good rule of thumb is 50 50. If the materials cost lets say for the sake of discussion $600,then it's a $1200 job.

davsom1

Thats a big help. Thanks for your input.

canadaclub

better hope they didn't get the tiles for free

jomama45

Honestly, it doesn't matter what others think it "should' cost, even the customer.

With yyour experience, I'm sure you have a fairly good idea how long the job will take. Multiply that time by what you need/want to make per hour. This is the hard part of the equation to get to in all honesty, but it will become easier thru time. Add ALL the material costs into the labor & you have the number.

I can't stress enough how important it is for you to quote work on what YOU need to make vs. what others think it should cost, or even what your competition would charge. You'll soon realize that everything else is irrelavent to YOUR business.

Lastly, sorry ot hear of your loss. I wish you the best of luck in carrying on, and hope you can succeed through the "crash course" of managing a business.