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Old 01-01-2014, 08:07 PM
32vld 32vld is offline
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Join Date: Feb 2011
Location: LI NY
Posts: 2,437
Quote:
Originally Posted by RSK Property Maintenance View Post
what I did to calculate my costs is I added up all my expenses for the year and divided by the months worked then I broke it down to weeks, then days. its not an exact number but a rough idea, for me its 82 dollars every single day. that's not what it costs me hourly to do business but that's what I figured my daily overhead is for all 365 days of the year, and that number can and will go down, its includes about 20k in debt. spread out over a 4 small loans. which is spread out over 5 years. i guess if i divided that number but 8 hours or whatever then I would what it costs me per hour to do business. so i guess its about 10.25/hour does that sound possible?
Most landscapers do not work 40 hours a week 52 weeks a year. One day we can work 1 hour another 6. The next time 8 hours.

So to say your costs per day is $82 is correct mathematically but is not truthful.

You need to record all moneys spent and all hours worked. So you will have the true hourly rate.

We estimate by the hour not the day.
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