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HELP HOW MUCH TO CHARGE

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Forum topic by kp327up posted 10-12-2014 09:54 PM 1633 views 0 times favorited 19 replies Add to Favorites Watch
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kp327up

20 posts in 864 days


10-12-2014 09:54 PM

Fellow Lumber Jocks,

I built this shadow box end table for a fellow military member and to be quite honest I have zero clue on how much to charge. I need some feedback and advice on this if any one would care to venture word.

It is approximately 24 inches from front to back, 20 inches from side to side and 27 inches tall. It is made of pine with a lid that opens the shadowbox part and a drawer underneath, Thanks in advance!

Kevin P

-- Kevin P


19 replies so far

View CharlesA's profile

CharlesA

3025 posts in 1264 days


#1 posted 10-12-2014 09:59 PM

Is it, “how much would this be on the market?” or “how much do I charge a friend?” What is the reason to charge more than what you have in it? (you may have very good reasons to do that, but it helps to clarify what you’re asking.)

-- "Man is the only animal which devours his own, for I can apply no milder term to the general prey of the rich on the poor." ~Thomas Jefferson

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Dallas

3599 posts in 1953 days


#2 posted 10-12-2014 10:00 PM

Good luck! Here is my criteria: All the traffic will bear in your area. After that is is this a friend? friend of a friend, acquaintance, or just someone whom was referred to you? Again it’s whatever you feel confidence in for your quality of work.

If it is a very good friend or a person I was in a combat situation with, there would be no charge.

-- Improvise.... Adapt...... Overcome!

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kp327up

20 posts in 864 days


#3 posted 10-12-2014 10:04 PM

Couldn’t agree more on all counts! To clarify it is “what would this be on the market?” I will then apply a generous discount lol. Thanks so much for the speedy replies!

-- Kevin P

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Dallas

3599 posts in 1953 days


#4 posted 10-12-2014 10:18 PM

The photo is too small to get any details. Maybe host it elsewhere and send a link? From where I sit it looks good, even with a bit of blotch.

Otherwise, for clients I am doing business for only, I charge $35/hr plus costs plus 20% overhead.
That means if it is one of my top quality pieces I charge the actual hours I worked on it in the shop. Not thinking about it or designing it or whatever.

Costs are power, tool replacement and depreciation, space, cost of rough lumber, etc.
The 20% is fudgeable. If I get 47 phone calls a day, the price goes up. If I get 14 emails longer than one paragraph and wondering how the work is going, the price goes up! If I hear from the customer once a week? the price goes down. If the customer comes over with a case of beer and stays, the price may or may not go up. If the customer brings a case of beer over, leaves and asks no stupid questions, the price goes down drastically.

Does that help?

-- Improvise.... Adapt...... Overcome!

View mahdee's profile

mahdee

3554 posts in 1234 days


#5 posted 10-12-2014 11:28 PM

This is my criterion:
Hours spent on the project + cost of lumber + innovation an research + cost of depreciated tools (sand paper, saw, joiner, finish, etc.. My estimate would be $340.

-- earthartandfoods.com

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jmartel

6575 posts in 1616 days


#6 posted 10-13-2014 01:08 AM

For future reference, come up with a cost and get them to agree to it before building.

-- The quality of one's woodworking is directly related to the amount of flannel worn.

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AlaskaGuy

2406 posts in 1775 days


#7 posted 10-13-2014 03:11 AM

My advice is for next time. Price should set before the project begins and both parties know what the price is. Just makes life easier for everyone involved.

-- Alaskan's for Global warming!

View Mike Gager's profile

Mike Gager

665 posts in 2733 days


#8 posted 10-21-2014 03:18 PM

price = cost of materials + how much profit you can live with. if its a good friend the cost of materials might be all thats needed. if you are looking to sell for a profit figure out how much time you have in it and figure what your time is worth but be realistic

View a1Jim's profile

a1Jim

115202 posts in 3043 days


#9 posted 10-21-2014 03:55 PM

I agree with setting price before the build.
If I made this I would charge around $275 and give a 10% military discount.

-- http://artisticwoodstudio.com Custom furniture

View AlaskaGuy's profile

AlaskaGuy

2406 posts in 1775 days


#10 posted 10-21-2014 05:02 PM

It’s worth a couple bucks more if its turned 90 degrees.

-- Alaskan's for Global warming!

View JAAune's profile

JAAune

1646 posts in 1783 days


#11 posted 10-21-2014 07:25 PM

Labor+materials+overhead+taxes are what I’d charge. I’m looking at the $500-$600 range for a project like that. With that price however, comes a level of customer service that most shops don’t offer. Clients get a detailed proposal, stain samples and drawings along with the knowledge that they can call or email me at pretty much anytime 6 days a week with questions.

The result is that we tend to work on larger, higher end projects and not many of the small ones. Plus we get more commercial work than most other shops as that type of client often favors service over cost.

-- See my work at http://remmertstudios.com and http://altaredesign.com

View joeyinsouthaustin's profile

joeyinsouthaustin

1294 posts in 1539 days


#12 posted 10-21-2014 09:08 PM

$24,000.00 ... No seriously.. try that first.

-- Who is John Galt?

View goochs's profile

goochs

56 posts in 696 days


#13 posted 02-08-2015 09:58 PM

Since most my work is for friends or relatives and I enjoy doing the work and using my tools I rate each item by the square foot. I just measure all my material come up with the square footage the multiply that by 9.34 for pine or 10.50/per square foot for oak. Seems to pay for my material and leaves a little extra for me. I must mention that this is a hobby for me so I don’t really have all the costs of running a full fledged business.

my guess would be around 375.00

View DMC1903's profile

DMC1903

254 posts in 1793 days


#14 posted 02-09-2015 05:29 AM

I’m currently building a entryway bench for a friend,the only charge is for material. Our friendship is worth every minute of labor.
If it was for an off the street client,maybe $125.00
Best of luck

View AlaskaGuy's profile

AlaskaGuy

2406 posts in 1775 days


#15 posted 02-09-2015 06:22 AM



I m currently building a entryway bench for a friend,the only charge is for material. Our friendship is worth every minute of labor.
If it was for an off the street client,maybe $125.00
Best of luck

- DMC1903

Wow, If I were to build that for 125 dollars I’d have to get my material free and complete it in a couple hours.

-- Alaskan's for Global warming!

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