Hey guys, I never suggested that $50/hr is to high. I just suggested that if you are charging $50/hr, you shouldn’t pretend like that is your cost. That is your PRICE or rate, not your cost.
My cost of labor for my employees is in the $15-$20 per hour range.Our prices are based onrates in the $30-$100/hr range depending on skill level and cost of equipment and percieved value by the customer. But the rate of $30-100/hr is ouor price, not our cost. I don’t pretend that a job that I sell for $1,000 cost me $1,000. If I did that i would have no profit.
