Should You Discount Painting Jobs? What a Price Cut Actually Costs
A discount does not come out of your price. It comes out of your profit. That is the whole of the argument and everything else…
A discount does not come out of your price. It comes out of your profit. That is the whole of the argument and everything else…
The labor to material ratio is the split between what you spend on people and what you spend on product for a given painting job.…
A crew day rate is what it costs you to put a crew on a site for a day, and then what you charge for…
Your break-even point is the amount of work you have to sell before the business has covered its costs. Below it you are losing money…
A minimum job charge is the least you will accept to take a painting job at all, regardless of how small it is. It exists…
Overhead is what your painting business costs to exist. Rent, insurance that is not tied to a crew, software, phones, advertising, accounting, licenses, the office,…
Labor burden is everything it costs you to employ a painter beyond the wage that lands in their bank account. Payroll taxes, workers compensation, liability…
Real estate agents send painting work to painters who make their listings easier to sell. That means quoting within a day, working to a closing…
Homeowners contact several painters at once, decide while the problem is front of mind, and usually stop looking once someone credible has answered properly. That…
Repeat painting work comes from three things: finishing the job so well that nobody else is considered, telling the customer what will need doing next…