Your hourly expense rate

Discussion in 'Business Operations' started by stevenf, May 3, 2012.

  1. stevenf

    stevenf LawnSite Bronze Member
    Posts: 1,612

    After terrible tax balances for last year and super high quarterly for this year, I am having to reevaluate my bidding process and hourly charges. I came up with a brief guesstimate of $15.50 an hour not including my handheld equipment and vehicle depreciation. Just wanted to see what some of you guys were at?
    I was thinking of giving handheld two year life spans and vehicle 150,000 miles.Any suggestions?
     
  2. stevenf

    stevenf LawnSite Bronze Member
    Posts: 1,612

    Just broke down vehicle and equipment depreciation and that puts in in the ball park of $22.66 per hour toward expenses.
     
  3. KrayzKajun

    KrayzKajun LawnSite Fanatic
    Posts: 10,742

    Are talking about hourly overhead rate? I know what I have to make everyday just to cover overhead. Divide that by say an 8hr day, that would be my hourly expense rate.
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  4. RedSox4Life

    RedSox4Life LawnSite Bronze Member
    from Mass
    Posts: 1,426

    Good god, if I was only spending $15.50 an hour Id be rich.

    I'm obviously assuming you're solo as part of the reason its that low, but still.....
     
  5. stevenf

    stevenf LawnSite Bronze Member
    Posts: 1,612

    22.66 is more accurate. I have one full time 1099 only because I haven't met with CPA to setup payroll.
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  6. stevenf

    stevenf LawnSite Bronze Member
    Posts: 1,612

    Yes,hourly overhead
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  7. 4 seasons lawn&land

    4 seasons lawn&land LawnSite Gold Member
    from NY
    Posts: 3,593

    i also do 2 yr for handhelds and 150,000 on trucks. Mine is 30-35 with a 15 an hour helper and no salary included. I dont have it quite as exact as some but i shoot high on everything
     
  8. BaxtersEssentialLawnCare

    BaxtersEssentialLawnCare LawnSite Senior Member
    Posts: 299

    I'm solo and figured an hourly @ $25 per hour. I will say the marketing was a very heavy part of this as I'm tring to expand. To give you an idea I figured 10k in fuel a year and 10k in marketing a year thats right at $13.34 an hour if you work 1500 hours a year which is about 8 months. So yes $15 is really low.
     
  9. bohiaa

    bohiaa LawnSite Fanatic
    Posts: 5,220

    WHAT ??????????

    WHERE IN THE NAME OF GOD are you GUYS getting these numbers ????

    is this a solo operation ????

    My time alone is 125.00 PER HOUR,,,,,

    I have around 90 per hour going out the door.
     
  10. stevenf

    stevenf LawnSite Bronze Member
    Posts: 1,612

    I keep coming up with a few things here and there that increase it. That 22.66 does not include equipment maintenance. I bid jobs around $75.00 per hour
     

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