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Contractor Billing #497 02/02/01 10:04 PM
Joined: Feb 2001
Posts: 1
S
sparkster Offline OP
Junior Member
Hello - I got my contractor's license last year and went into business for myself last October. My first job is a 2 - 3 year contract and I currently have one employee but will need more shortly. I have been having to turn down work because I do not currently have the time or manpower to cover the jobs. I am right now trying to coordinate employee applications and work requests so that I can accept jobs knowing that I have employees to cover that job. It is a transitional time and I could use some wisdom from successful seasoned contractors who have been this route.

I also have questions about billing. I have purchased many pieces of equipment and hand tools since I began and I know from past employment that contractors do charge rent for use of equipment on the job site. The only way I knew to take was to find some rates for equipment rental companies and then divide it down by days and then hours and then keep track of the hours the piece is used. I am coming up with $1 dollar here, $3.50 there and was wondering if this is the correct way to do it.

Any advice would be appreciated.

Thank you ~

Sparkster

Work Gear for Electricians and the Trades
Re: Contractor Billing #498 02/03/01 12:10 AM
Joined: Feb 2001
Posts: 17
S
stingray Offline
Member
Hi, sparkster, have you looked at any software for your computer. There are programs for just about everything, i'm sure that they make one that would fit your needs.

Re: Contractor Billing #499 02/03/01 05:55 PM
Joined: Oct 2000
Posts: 5,389
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sparky Offline
Member
Sparkster;
As a contractor, you have an interesting thread goin' here. I will say that the competion is the rental companies in the respect of equipment. Manlifts, bucket trucks,power benders,temp service, all the above.

You need only learn to slice it clean, ear to ear... and smile as you do so [Linked Image]


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