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Let's assume a solo plumber has to spend 10k/year on all their equipment maintenance. If they only do 20 hours of paid work per week, that adds 10 dollars to th
by abdullahkhalids 2y ago
Let's assume a solo plumber has to spend 10k/year on all their equipment maintenance. If they only do 20 hours of paid work per week, that adds 10 dollars to their hourly rate.
- bluGill 2y agoThe solo plumber also needs to put a lot of time in the office doing book work, scheduling jobs, restocking their van with parts, driving from job to job. If you are thinking about going into business for yourself either charge what your competition does - don't undercut anyone. If you can't figure out what your competition charges figure out what you need to live on and double it for a starting price and then get an accountant to look over your books in a few months. (though if you have no competition that is generally a sign that you have a bad business)