ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals

Topic Options
Rate This Topic
#198010 - 01/07/11 02:06 PM profit margin??
sparkync Offline
Member
Registered: 10/17/02
Posts: 812
Loc: NC
Just wondering what some of you charge above labor, material, and mark up?? What kind of profit margin?? I have a good customer I have done work for, for years. He ask for a price and I gave him the estimated price. It looks like I may come out way to the good, but I don't want to take advantage of him. He's a real good customer and friend, best I have probably in 25 to 30 years of doing business with him. I want to make money of course and need to, but want to do it fairly. Thanks for the input...:)
Top
Business, Office, Estimating, Legal:
#198011 - 01/07/11 02:47 PM Re: profit margin?? [Re: sparkync]
renosteinke Offline
Cat Servant
Member
Registered: 01/22/05
Posts: 5316
Loc: Blue Collar Country
A steady customer is always worthy of being happily surprised with a reduced bill.
Top
#198012 - 01/07/11 03:31 PM Re: profit margin?? [Re: renosteinke]
gfretwell Offline


Member
Registered: 07/20/04
Posts: 9039
Loc: Estero,Fl,usa
I like that idea too. Nobody ever complained about coming in below budget
_________________________
Greg Fretwell
Top
#198017 - 01/07/11 06:40 PM Re: profit margin?? [Re: gfretwell]
Obsaleet Offline
Member
Registered: 04/05/03
Posts: 362
Loc: Pa
Reduce his bill and buy yourself a new pair of (insert tool here) for doing the right thing.


Ob
_________________________
Choose your customers, don't let them choose you.
Top

Member Spotlight
Member Since: 10/07/00
Posts: 3417
New in the Gallery:
SE cable question
Featured:

2017 NEC and Related
2017 NEC
Now Available!

Shout Box


Who's Online
0 registered (), 63 Guests and 8 Spiders online.
Key: Admin, Global Mod, Mod
 
New in the Gallery:
SE cable question
 
Top Posters (30 Days)
Admin 47
HotLine1 43
gfretwell 19
Ruben Rocha 12
Trumpy 9
 
Newest Members
Scotto, Freecrowder, clee512, Jdscott2005, FAIZAN

ECN Electrical Forums - sponsored by Electrical Contractor Network - Electrical and Code Related Discussion for Electrical Contractors, Electricians, Inspectors, Instructors, Engineers and other related Professionals