pricing for first small job

[chris_j_lowe]

Ive been asked to change a couple of lever valves in a neighbours house. it will be very straightforward as theres no issues turning the water off etc so i was wondering how much i should charge for doing it? Im currently doin a plumbing course with OLCI and this will be the first job i do on my own and i have no clue about what to charge etc. any help would be appreciated, cheers
chris

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[Koogatubac]

£30 per hour x hours will take to do the job

 

[SimonG]

Make sure you have some public liability insurance as well.

 

[Centralheatking]

1st Rule of wisdom - NO job you expect to be straightforwards/simple/easy/a doddle will be what
you expect. Never assume - by all means go do it and when u complete it pat urself on your back

Plumbing is full of every unforeseen problem - we have been doing it collectively 10 men x 30+
years each and still get ambushed - thats why some fitters hate the job and others rise to each days challenge each and every day.

centralheatkings

 

[Guest123]

Use this SIMPLE formula;

cost of materials plus 30% markup
daily rate or hourly rate x time to complete the works
add on 5% to total to cover fuel, business expenditure.

So taking this as a working formula:
2 15mm full bore lever ball valves = £8.00 plus 30% markup = £10.40
daily rate is £200 or in this case hourly rate is £30 x 1 hour = £30
SUBTOTAL = £40.40
Plus 5% expenditure
TOTAL COST FOR JOB = £42.42

Use your own rate, material cost etc.

Before the mods come down on me for supplying pricing on the main forum, this is intended as a helpful GUIDE only!

 

[Koogatubac]

Nice system

 

[Plum Bob 66]

Use this SIMPLE formula;

cost of materials plus 30% markup
daily rate or hourly rate x time to complete the works
add on 5% to total to cover fuel, business expenditu

So taking this as a working formula:
2 15mm full bore lever ball valves = £8.00 plus 30% markup = £10.40
daily rate is £200 or in this case hourly rate is £30 x 1 hour = £30
SUBTOTAL = £40.40
Plus 5% expenditure
TOTAL COST FOR JOB = £42.42

Use your own rate, material cost etc.

Before the mods come down on me for supplying pricing on the main forum, this is intended as a helpful GUIDE only!

Most useful system 3 will apply from now on

 

[Mike Jackson]

And don't forget that you need to declare any income to the tax man. You'll need to register as self employed first.

 

[Harryplumb]

30% on materials? christ I only charge 10% and still feel a robbing sod. Guess I better up my % :smilewinkgrin:

 

[nicro3]

and p/data another legal req a lot of small business's over look this

 

[Plum Bob 66]

and p/data another legal req a lot of small business's over look this

forgive my ignorance p/data ?

 

[nicro3]

Costs I think 100 pounds per year to keep data on customers

 

[nicro3]

Its a legal req if you run a business

 

[Orry Clayton]

I believe he means Data protection, and I am under the impression that there is no need to registered provided the data retained is only for Accounts and Records.

 

[Nostrum]

Another scheme to pull down the pants of the unsuspecting tradesmen then, glad I don't know about this and am carrying out my work completely oblivious of the fact I need to pay to keep information someone has freely shared with me.

 

[nicro3]

He means it it is a legal req. Just another back door tax

 

[REDSAW]

shouldnt charge anything if you have no p/l ins or legit business and are practicing in someones property.
that way, if it goes boobs up then you were only doing it as a favour!!!.

 

[chris_j_lowe]

ok brilliant thanks alot for all your replies! maybe i wont charge for this first job just use it as experience and something to put into my portfolio. and if the customer wants to make a donation then who am I to argue?!

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[vern]

Another scheme to pull down the pants of the unsuspecting tradesmen then, glad I don't know about this and am carrying out my work completely oblivious of the fact I need to pay to keep information someone has freely shared with me.

This^^^^
Yep and dont forgot you waste carriers licence too pal!!
Have we put you off yet?

 

[petercj]

Don't tell them your name, and wipe your fingerprints off everything before leaving, and you should be fine!

 

[acecharly]

Peter forgot to mention about wearing the glasses with a false moustache glued underneath

 

[chris_j_lowe]

Don't tell them your name, and wipe your fingerprints off everything before leaving, and you should be fine!

i pixellated my face and used a voice changer throughout the job so i should be home free its all done and with no issues. didnt ask for any money in the end but took photos of the job for my training portfolio so everyone is happy! thanks for all ur advice/methods of puttting me off plumbing for life

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[BlueworX]

HIya

£30 per hour definately , but as always the most simple of jobs can turn into a mission , so i would agree work on £30 per hour and £180-£200 per day , ex materials.