Diallo, we are in So. Cal. and charge a minimum of .50 per sq. ft., on a RUSH basis we would increase it to somewhere between 60-85 per sq. ft. depending on pitch, size, valleys, etc.6 years in the business I have never had to tarp of roof(doeesnt rain much in the desert) What is fair market value to tarp a roof? Im thinking 6mil plastic, .40 to .50 a square foot? In CA on a rush basis
So you price a trapping job to make 10 % profit?
If this is true this is a prime example why the price lists have been cut below half because we have guys running around making peanuts
This industry is dooomedddddd
I understand it very well but my goal is definitely not to make 10% you are cutting yourself way short
:no::no::no::no::no::no::no::no::no::no:? . .Most business run at a lot less than 10% but they known the numbers
I would think that even unknowingly a legitimate property preservation business could not run too long on a 10% margin! (And yes, I know the difference between a margin of profit & a % of markup). Too many tools & motors & tires & other things that wear out and need to be replaced every year or 2 or 3.
I was taught by a very successful businessman (different line of work) that a 35% margin should be a median goal for any brick & mortar business, 25% margin for a "home based" business to be profitable over any amount of time.
I've always tried my best to apply that advice in any business venture I get involved in, including this one.
It's as simple as this: If your company's pay matrix doesn't support my business model, I'll politely pass on the offer of doing your work. No need for me to join a union to make that decision, or complain to the Internet that another business is paying less than I am willing to accept.
I choose to survive and therefore will not work for less than a good profit. As long as I can continue to find that profit in this line of work, I'll keep doing this. When the money is gone, so will I be.