Pricing up a new job 3

[bolton78]

Hi,I am thinking of opening my own engineering firm,but i would like to know what involes in pricing a job up these days?

 

[dgowans]

If that's the best you can do in the way of an information request you may want to rethink the prospect of opening your own business.

 

[MiketheEngineer]

Get a GOOD business plan
Get a GOOD lawyer
Get a GOOD accountant.

And by the way - GOOD LUCK

 

[CorBlimeyLimey]

"what involes in pricing a job up these days? "
A little bit of time, and in-depth knowledge of your industry.

What should be considered when pricing a job these days?
Same as it's always been;
Materials + Labour + Overheads + Mark-up/Profit

There may more for your particular field, but in the absence of any meaningful information, the absolute basics will have to suffice.

 

[KENAT]

forum784 thread784-242575

KENAT,

Have you reminded yourself of faq731-376 recently, or taken a look at posting policies:

http://eng-tips.com/market.cfm?

What is Engineering anyway: faq1088-1484

 

[TenPenny]

A set of dice and a dartboard usually works.

 

[arunmrao]

What should be considered when pricing a job?

What the competetion charges.(Read : China, India, Mexico etc)

I have not failed. I've just found 10,000 ways that won't work." — Thomas Edison
_____________________________________

 

[alehman]

Funny, just this afternoon I was whining to a colleague about such an exercise being a nothing more than a roll of the dice. Now I must go do a few more rolls so I can submit my proposal tomorrow.

Alan
----
"It’s always fun to do the impossible." - Walt Disney