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bradleycole 01-30-2019 08:05 AM

Hey there,

How I can calculate quotes / prices easy? I mean is there any special program or software or something like this?

John Smith_inFL 01-30-2019 08:57 AM

Bradley, IMO ~ no, there is no easy way.
the old adage of "labor + materials + overhead + profit" might work.
also, the level of your skills, craftsmanship and attention to detail
is taken into effect.
and, what are you building; rustic pieces out of barn or pallet wood.
low or high end furniture with teak and mahogany.
supply and demand for certain pieces in your area will be much different
than in New Mexico, Florida, etc.
just out of curiosity, what do you build and sell ?

jus my Dos Centavos
best of luck in all your endeavors



woodnthings 01-30-2019 09:02 AM

Carpentry estimating software .....
There are lots of software programs that will estimate construction and project costs:

These aren't free:

mdntrdr 01-30-2019 09:05 AM

If it was easy, everyone would be doing it.
There is no magic formula. Too many variables. Material x 3 is a good starting point but wont work for many scenarios.

kalopsia 01-30-2019 09:58 AM

Not sure what the project is, but make sure you get multiple quotes for different companies/contractors. If they know they’re competing for your business, they may sharpen their pencil a bit on pricing.

Not familiar with the details, but sometimes it is cheaper to handle the contractor management side of a project if you have the time, to bring in different contractors and companies (mechanical vs electrical) for different phases of your project.

If you are pricing your own products/services, look at the market (Angie’s List, eBay, Craigslist, OfferUp, or local brick and mortar stores).

Sent from my iPhone using Tapatalk Pro

Steve Neul 01-30-2019 10:20 AM


Originally Posted by bradleycole (Post 2035311)
Hey there,

How I can calculate quotes / prices easy? I mean is there any special program or software or something like this?

If you are doing something where there are no variables then you could come up with stock prices. For example a cabinet shop that is making kitchen cabinets all they would need is the model door the customer likes that is part of the shops normal doors and they could just charge by footage. If though a customer wanted something special made door then the footage charge would just be a start, the shop would have to estimate how much extra work that would be involved in making that special door. Myself, I do anything from changing light bulbs to making fine furniture so every job is difficult to make quotes. I do most anything a customer needs. You just have to guess about how much time it would take to do the job and guess how much materials it would take to make it happen. It's really hard at first but gets easier over time. The best thing to do at first is make like a shopping list to do the job and price every piece and add it up. Once you get the cost of the supplies it's easier to guess how long it would take you to do the job.

Larry42 01-30-2019 05:46 PM

Small shops almost always price too cheaply. Not taking in to account all the "true" costs of doing business. Don't use someone else's prices for your work. They will have different costs than you. As for the "formula systems" you might use them as a check to make sure you didn't make a gross error but never for your pricing. There are many things you need to charge for that often are forgotten. Design time, drawings, consultations, materials ordering, time value of money, replacement cost of equipment, tooling, packaging and most importantly profit. What is your plan? Do you intend to ever become larger? Add equipment, additional education? All these need to be covered. How did you figure out your shop rate? Rent, utilities, wages, book keeping, tooling, replacement equipment, trash, expendables (glue, screws, sand paper...) cleanup, etc. How do you figure the time you will spend? Does it include all of your time? Even once the drawings are done and in the shop, there is time spent in addition to the actual machining and assembly. Setup time can be significant and exists for every operation. Material handling.
What do you think you are worth/ $25 - $40/ hour minimum. Shop rate a minimum of $50/hour. Don't give your life away.

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