Green in Idaho
06-14-2003, 01:58 PM
Three choices:
1) Work solo.
Bill rate is $60/hr. Billing 70% of the time, work 44 weeks a year and 5 days a week, 10 hour days= 1,540 hrs billable (1,500). Less operating costs and taxes you get income of $36,000.
2) Manage 4 crews (2 per crew).
Bill rate is $50/man hour. Billing 80% of the time, work 44 weeks, 5 days a week, 8 hour days = 14,080 hrs billable 14,000. With net profit margin 10% for the owner (you) of = $70,000.
3) Sell a widget to every user on Lawnsite.com. and every year here after.
You get $20 commission for every sale = $217,620.
Which one would you choose?
1) Work solo.
Bill rate is $60/hr. Billing 70% of the time, work 44 weeks a year and 5 days a week, 10 hour days= 1,540 hrs billable (1,500). Less operating costs and taxes you get income of $36,000.
2) Manage 4 crews (2 per crew).
Bill rate is $50/man hour. Billing 80% of the time, work 44 weeks, 5 days a week, 8 hour days = 14,080 hrs billable 14,000. With net profit margin 10% for the owner (you) of = $70,000.
3) Sell a widget to every user on Lawnsite.com. and every year here after.
You get $20 commission for every sale = $217,620.
Which one would you choose?