Love to hire people like you! No surprises at completion and I don't have to worry about whether you are working or taking a break.I just do per job in my jobs, there is no unexpected surprises and people know what they are paying upfront, sometimes they win, sometimes I win, but i get better at bidding everytime, and I don't get mad cus i know what i quoted.
While I agree bidding by job is better than hourly in most cases.....this statement simply isnt true.If your business is legitimate (or not). You’re leaving money on the table bidding hourly.
Your time is valuable. The rental of your tool is valuable. So, if the rental company charges by the day for a tractor rental - there's your fair pricing for that. Then you add what you need per hour of your time, and, of course the fuel you bought to complete the job!It is local work so there is no travel time , is the hour meter as accurate as the watch on a minute by minute basis ? I only want to charge them when the machine is actually being used if that is a normal way of figuring a bill , I want to be fair with my customer and myself.
When I do custom excavating for neighbors. I break out my time, the machine's time, and the fuel. I can be flexible with billing for my hours, but the machine gets paid in full.When using a tractor to do work for other people and charging by the hour my understanding is the hours are measured by the hour meter on the equipment versus the wrist watch.
What say you ?
because with hourly there is no buffer. I may bid 1500, but realistically only expect to take 7-8, and even if you go hourly, lots people get nervous, because they don't know how to budget it, you tell someone 10 hours and it takes 20 on a hourly rate, they are going to be pissed period.While I agree bidding by job is better than hourly in most cases.....this statement simply isnt true.
Those that quote a flat price for the job DO have an hourly rate they associate one way or another with their bid. They have to anticipate how many hours or days it takes to do a job.....and have a certain target in mind.
For example if I quote a job thats gonna take me a full day and I quote it at $1500. How is that any different than spending 10 hours and billing $1500? Arent they the same? What money is left on the table?
While I agree bidding by job is better than hourly in most cases.....this statement simply isnt true.
Those that quote a flat price for the job DO have an hourly rate they associate one way or another with their bid. They have to anticipate how many hours or days it takes to do a job.....and have a certain target in mind.
For example if I quote a job thats gonna take me a full day and I quote it at $1500. How is that any different than spending 10 hours and billing $1500? Arent they the same? What money is left on the table?