Sorry about that - had a fire call.
Well, I'm not in the $100k/yr club for my sparkshop, but here's a few pointer/questions/comments about your sheet...
Why billing for less than a full hour unless doing "favor " for the proverbial "little old lady" or a repeat customer? I mean, if you're at 61 minutes, it's one thing. If you're at 78 minutes...
Why not charging for trips to supplier (assuming that's what BGE is)? I charge for trip to supplier & back (part of overhead, if that's the right "category" for it), but not for repeat trips (if I screw up and miscount something - if it's a customer extra then it's billed).
Where's your materials markup? Once again, unless doing a favor on a severe break for the "little old lady" on the corner, my mats get bumped.
Do your have a "Miscellaneous parts, hardware, and accessories" category? Mine flexes between $25 and $100 depending on the size and complexity of the job, and includes small supplies used in less than 1/2 of a sales or stocking container (box/bag)or a loose number (usually 10 or so) like screws, wire nuts, conduit connectors, couplings and straps and the like. It also loosely includes 10-14 AWG runs of CU wire less than 25' - more than that, I'll buy a reel and bill.
Consider a little more beneficial pricing:
3 BLKADR2 Split Bolt #2 AL-Cu 3@$5 = $15
1 BLKSEC2 Entrance Cap Weather Head #2 SEU $20
1 SQD-QOM100VH Circuit Breaker Main 100A 120/240V $100
WALSEU2/3AL #2-3 SEU Service Entrance Cable 20' @ $2/' = $40
Total "hard" (line item) supplies = $175
6 BLKECS2 Cable Strap #2 SEU
2 S-CWA164 Reducing Washer 2" to 1-14"
1 BLKWT4 Connector 1-1/4" SEU Weather-Tite
1 BURPENA-1/2 Penentrox Oxygen Inhibitor
2 NEEC-1251-R Connector 1-1/4" SEU 1.1050
9 SCRHHD10X1-1/2 Screw Hex #10 x 1-1/2"
4 FASTENER Lag Bolts 1/4" x 1-1/2" 0.2500
Total Misc. Supplies = $50
New Supplies total (with a very modest markup) = $225.00
3/6/05 - 1hr @ $25.00 $25.00
3/7/05 - 1hr @ $25.00 $25.00
Trip to supplier 2 hr@25 $50.00
3/7/05 - 2hr @ $25.00 $50.00
3/8/05 - 3hr @ $25.00 $75.00
Total Labor 7 Man-hours $225.00
Additonal Charges - Returned checks - $60.00
New total $510.00
My cold call rate is $80/hr - I'm a lot more likely to bill by the 1/2 hr for that rate. I usually bill at least $40/hr - that's for direct referrals and repeat customers. The only time I drop below that is for very good friends, and other contractors at the FD - then it's the going rate - $10/hr and pizza
I charged $25/hr doing electrical as a "handyman". Being licensed and insured is worth more.
I think you're shorting yourself - both in terms of hourly rate and materials. Of course, I don't know your competition and area, but give it some thought.
[This message has been edited by DougW (edited 03-13-2005).]