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re: $700 quote from electrician for bathroom work
Posted on 4/10/19 at 8:43 pm to FrankDrebin
Posted on 4/10/19 at 8:43 pm to FrankDrebin
He’s a good guy
Licensed insured and professional
Old guy says he lives comfortably on that when I asked why he doesn’t charge higher
As for saying an electrician should be making $700 a day that’s crazy
That’s a 180,000 a year
Licensed insured and professional
Old guy says he lives comfortably on that when I asked why he doesn’t charge higher
As for saying an electrician should be making $700 a day that’s crazy
That’s a 180,000 a year
This post was edited on 4/10/19 at 8:48 pm
3
Posted on 4/10/19 at 8:57 pm to Phone
The job he listed is worth $700.00 if he does it properly. Wages, material, general liability, workers comp, local, state and federal taxes, fuel, truck and truck maintenance, rent , utilities and the list goes on and on.
People don’t understand the cost to run even a small S-Corp business. I wouldn’t bat an eye at paying that as it’s fair. And I’m not getting out of bed for $700.00 either.
Put a pencil to your $180,000.00 a year and see how quick it goes below 6 figures.
People don’t understand the cost to run even a small S-Corp business. I wouldn’t bat an eye at paying that as it’s fair. And I’m not getting out of bed for $700.00 either.
Put a pencil to your $180,000.00 a year and see how quick it goes below 6 figures.
Posted on 4/11/19 at 6:30 am to Phone
quote:
As for saying an electrician should be making $700 a day that’s crazy
That’s a 180,000 a year
Revenue vs. Profit. You don't even need a 101 level class to know that. Your guy has to be jacking you on parts if he's only charging you $15/hr for labor. There is no way he can make a full-time living on $15/hr. Hell, he would be crushed by taxes alone.
CAD, seems fair.
This post was edited on 4/11/19 at 6:31 am
Posted on 4/13/19 at 7:07 am to Phone
700 a day
-200 materials
500
-150 permit, ins, auto
350
is realistically what he's making it ain't bad but he's not putting a down payment on his summer home in the Hamptons either.
Also the guy charging 15 is licensed? Has wc and bonded if the house burns down due to faulty electrical work. Your home insurer is going to love you.
-200 materials
500
-150 permit, ins, auto
350
is realistically what he's making it ain't bad but he's not putting a down payment on his summer home in the Hamptons either.
Also the guy charging 15 is licensed? Has wc and bonded if the house burns down due to faulty electrical work. Your home insurer is going to love you.
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