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I've been using Google Gemini and Claude to help me estimate material cost. I will essentially voice to text into Gemini "This is our project, this is all the work that needs to be done, this is how long I think it will take. Please create an estimate at total hours x $100 + material costx25%. Obviously you can change this to match what you need, but it's been great for me so far.
- jbryantNew Member
Usually on a job with materials I will do 2.5x mark up on materials, plus labor.
Here's an example for 5 yards of mulch:
Mulch:
$150 x 2.5 = 375
Labor:
Labor rate x 2.5 hours (assumed 2 yards and hour)
Then I add a delivery fee if i have it delivered. Usually don't mark this up, just pass it to the customer.
If you're not already tracking things I would start. At least track billable hours and revenue to get an idea of break even then add whatever percentage profit margin you want and that'll give you your labor rate.