Hello,

I have recently started my own business and now I'm getting into some bigger projects.
I'm doing a T&M job for a elevator, where we are adding a vfd starter that cost me $1000 + TX.
What kind of % markup would be fair for this item? The salesman told me the retail price was
$1388. I have been marking up all of my material at 40% above my cost. I'm a one man shop,
working out of my garage, with a charge out rate of $35 per hour, pretty much the standard
rate in this area.

Thanks,

Sparky_1