|Forum topic by billb||posted 05-05-2010 09:43 PM||1319 views||1 time favorited||5 replies|
05-05-2010 09:43 PM
I’ve known many woodworkers who have lost money because of pricing and collection mistakes. I love woodworking and when I do it for myself or my family, the time and the cost doesn’t matter. But when I do work for customers, I do it to make money. Our skills have value.
To help me make certain that I covered all my costs on jobs, I created a chart. I thought it was pretty good but one of my readers, who is obviously a whiz with Excel, turned the chart into a great excel spreadsheet to help him calculate job prices. His name is Mike Stewart and he generously shared this spreadsheet with me and allowed me to share it with anyone who is interested. So, now it’s just a click away for all members of LJ. Just click on the link below and download it to your computer for future use.
The yellow cells can be adjusted to your own figures and the pink cells calculate automatically when you change the yellow cells. Not only does it make calculating jobs easier but it reminds you of all the items that should be considered when pricing jobs. Please let me know how it works for you and post any questions.
-- Bill, Austin, Texas, http://woodworking-business.com