There have been quite a few post lately about pricing. Of course the reasonable response is to know your cost of doing business, and add your hourly rate to get a price, but what about profit margins? I have already done a search for the answer, but can't seem to find detailed information, so I thought I would put it out there for the other LCO's in Ohio. Once I have figured out all overhead cost, maintenance cost (estimate), replacement cost of eqipment, and labor cost what is an acceptable profit margin that should go back into the business? I have been able to keep overhead cost extremely low, and I am around a 20% profit margin for the business. Is this about average for the Ohio area?