How to determine fair and equitable rates?

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Subject Author Date
How to determine fair and equitable rates? Rick Barter (rvb) 05-19-2008
Posted by on May 20, 2008, 10:57 am
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 On Mon, 19 May 2008 19:42:34 -0400, "Rick Barter (rvb)"

>How do you all determine what to charge someone for welding work?
>
>I have someone that wants me to weld some new floor pans into their
>Jeep.
>
>I will have to cut the old ones out, fit the new ones, and weld them
>up. He will bring the Jeep to my shop.
>
>Where does a newbie start?
>
>Any help is appreciated.
>
>rvb
>
>--
>As Iron Sharpens Iron,
>So One Man Sharpens Another.
>Proverbs 27:17
Labor rates vary around the country so you will need to judge what you
think your time is worth. Don't underpay yourself. Take the time to
figure out what it costs in time to set up and put away your tools.
This will be pretty much a fixed cost that will be added to each job.
You also need to figure out how much it costs to weld a certain length
with certain consumables. For example .035 70S2 wire costs so much per
pound and will weld so feet per pound at a certain wire speed running
a straight bead. The electrical and gas costs will also need to be
figured out. I know it takes some time to figure this out but then you
can use all your data as known costs. Then you can use the fixed costs
per job and add your labor. After a while a lot of it becomes kind of
second nature.
ERS

Posted by Jim Wilkins on May 20, 2008, 2:48 pm
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> How do you all determine what to charge someone for welding work?
>
> I have someone that wants me to weld some new floor pans into their
> Jeep.
>
> I will have to cut the old ones out, fit the new ones, and weld them
> up. =A0He will bring the Jeep to my shop.
>
> Where does a newbie start?
>
> Any help is appreciated.
>
> rvb
>
> --
> As Iron Sharpens Iron,
> So One Man Sharpens Another.
> Proverbs 27:17

I handle this by carefully explaining how HE can cut out the rust and
fit the new pan.

Is your sig evidence for ancient hardened steel files?


Posted by Rick Barter (rvb) on May 20, 2008, 9:41 pm
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On Tue, 20 May 2008 11:48:52 -0700 (PDT), Jim Wilkins

>> How do you all determine what to charge someone for welding work?
>>
>> I have someone that wants me to weld some new floor pans into their
>> Jeep.
>>
>> I will have to cut the old ones out, fit the new ones, and weld them
>> up.  He will bring the Jeep to my shop.
>>
>> Where does a newbie start?
>>
>> Any help is appreciated.
>>
>> rvb
>>
>> --
>> As Iron Sharpens Iron,
>> So One Man Sharpens Another.
>> Proverbs 27:17
>
>I handle this by carefully explaining how HE can cut out the rust and
>fit the new pan.
>
>Is your sig evidence for ancient hardened steel files?

What do you mean 'ancient'? I use files all the time. :)

--
As Iron Sharpens Iron,
So One Man Sharpens Another.
Proverbs 27:17

Posted by Jim Wilkins on May 21, 2008, 6:45 am
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> On Tue, 20 May 2008 11:48:52 -0700 (PDT), Jim Wilkins
>
>
>
>
>
> >> How do you all determine what to charge someone for welding work?
>
> >> I have someone that wants me to weld some new floor pans into their
> >> Jeep.
>
> >> I will have to cut the old ones out, fit the new ones, and weld them
> >> up. =A0He will bring the Jeep to my shop.
>
> >> Where does a newbie start?
>
> >> Any help is appreciated.
>
> >> rvb
>
> >> --
> >> As Iron Sharpens Iron,
> >> So One Man Sharpens Another.
> >> Proverbs 27:17
>
> >I handle this by carefully explaining how HE can cut out the rust and
> >fit the new pan.
>
> >Is your sig evidence for ancient hardened steel files?
>
> What do you mean 'ancient'? =A0I use files all the time. =A0:)
>
> --
> As Iron Sharpens Iron,
> So One Man Sharpens Another.
> Proverbs 27:17

When was "Proverbs" written?

"The Odyssey", written before 800BC, compares the hot stake in the
Cyclops' eye to a blacksmith quenching a tool. I'm looking for the
first references or artifacts of hardened carbon steel, as opposed to
meteoric iron which was used at least 6000 years ago. King Tut had an
iron knife and a saw (?) blade fragment was found in the Great
Pyramid.

Jim Wilkins

Posted by Maxwell on May 20, 2008, 3:31 pm
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> How do you all determine what to charge someone for welding work?
>
> I have someone that wants me to weld some new floor pans into their
> Jeep.
>
> I will have to cut the old ones out, fit the new ones, and weld them
> up. He will bring the Jeep to my shop.
>
> Where does a newbie start?
>
> Any help is appreciated.
>


I think the hardest part will always be estimating the required hours.
Materials, overhead, insurance, etc, is much easier to calculate.

I can only recommend breaking the job down in to as many small steps as
possible, and estimating the time for each step. If you look at a job like
this and just guess a total, you will usually be low. It seems to me that
guessing the fastest possible time to complete each task, and doubling the
figure is most usually pretty close, if you want to be realistic.



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