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Electrician Talk Forum
Would You Say I Was Far Off?
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<blockquote data-quote="SPECIAL LOCATION" data-source="post: 351854" data-attributes="member: 250"><p>Not being rude..</p><p></p><p>Its just a basic principal I think everyone running a business has to know..</p><p></p><p>AND BE CONFIDENT ABOUT..</p><p></p><p>i.e.</p><p></p><p>How much a job will actually cost + how much profit you want to make = How much you quote/charge the customer...</p><p></p><p>You say you quoted your price.. Then that is as far as you need to worry.. END OF!</p><p></p><p>Either you get the job or you don't....</p><p></p><p>If you dont get the job you have lost NOTHING!</p><p></p><p>If you get the job but dont make a reasonable profit then that is when you start making a loss!</p><p></p><p>So as long as your price covers your overheads and some profit then why worry if some plonker thinks they can do a good job with no margins.?</p><p></p><p>Life is too short to spend time worrying about jobs you haven't got...</p><p></p><p>Spend your time doing the jobs you have got well and worry about keeping your paying customer happy.</p><p></p><p>Unless of course you are quoting and rarely getting any jobs..</p><p></p><p>Or most of your jobs are running at a loss..</p><p></p><p>Then you DO need to have a re think!</p><p></p><p> Guinness</p></blockquote><p></p>
[QUOTE="SPECIAL LOCATION, post: 351854, member: 250"] Not being rude.. Its just a basic principal I think everyone running a business has to know.. AND BE CONFIDENT ABOUT.. i.e. How much a job will actually cost + how much profit you want to make = How much you quote/charge the customer... You say you quoted your price.. Then that is as far as you need to worry.. END OF! Either you get the job or you don't.... If you dont get the job you have lost NOTHING! If you get the job but dont make a reasonable profit then that is when you start making a loss! So as long as your price covers your overheads and some profit then why worry if some plonker thinks they can do a good job with no margins.? Life is too short to spend time worrying about jobs you haven't got... Spend your time doing the jobs you have got well and worry about keeping your paying customer happy. Unless of course you are quoting and rarely getting any jobs.. Or most of your jobs are running at a loss.. Then you DO need to have a re think! Guinness [/QUOTE]
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