Job Price:
You should charge $0 for this job
Bottom Dollar:
Your bottom dollar is: $0
Job Expenses:
Your job expenses are: $0
Assumptions
- Mattresses/TVs cost $35 to recycle
- Truck gets 20 miles to the gallon
- $3.50/gallon for gas
- Travel Speed is 40mph
FAQ
What is the difference between Job Price and Bottom Dollar?
The Job Price is what you should be telling the client the price is for
the job and explaining to them that it covers yoru expenses and operating
costs so you can provide them with incredible service.
The Bottom Dollar is the absolute lowest you should go if you end up having
to negotiate with the client to get the job to go off. Your goal should
be to avoid getting close to that number.
Why are the Bottom Dollar and Job Price so much higher than the expenses
This is to account for all the "invisible" costs that go into doing
a job, including:
- Insurance
- Truck Payments and Wear
- Marketing Costs to aquire said job
- Time to sort, dump, and recycle after the job
- Utilities and rent if you have a commercial property
As well as profit for you to make money and reinvest in your business.
You should not being doing jobs even close to at cost most of the time,
otherwise you are just running a charity, not a business that is going
to improve your life.
How am I supposed to charge people that much?
With confidence. The simple fact of the matter is that in running any
businesses, your main role, especially when just starting up, is as a
salesman. Convincing people to spend money on your businesses.
If you want clients to pay real prices for your work, you need to be confident
in presenting that price to them, and that confidence needs to come from
understanding that you are giving them a fair price based on the service
you are providing to them and the costs you are incurring.
Clients can smell fear and timidness on you, when you start the conversation
off nervous to give them the price of the job, they'll be ready to pounce
and tell you how outrageous your price is and make up numbers other comapnies
have offered them. And as soon as you start giving in to them, they've won
and you know your doing the job for almost no money.
Once you start confidently telling clients your prices you'll see how easily
they say "yes" to you. Some will still fight you on it, of course, but not
nearly as many as you have built up in your head.
If you need help in selling your jobs or any other facet of your business,
please schedule a free call with the owner who has years of
experience in the industry and has sold jobs to countless clients.