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Jonathan Spencer

  • Posts: 315
Re: It does not pay to be greedy.
« Reply #20 on: July 17, 2010, 07:19:37 pm »
fair price for a fair days work or summit like that  :)

would you mind explaining how the points based system you have works please ?

I work on a quid a window plus 1 for good luck (read that on here ages ago) but always open to new ideas

I have never understood how the "quid a window" works!

Windows come in all shapes and sizes so therefore it can not be accurate, you may just as well say. "I guess"

I tried all sorts of methods until I came up with my system. It works well as I am able to adjust it to suit which area I am working in.  I am able to tell my lads and anyone canvassing for me how to price, that way I don’t get any poorly priced work and all my jobs are comparable.

I am sure you will understand if I don’t post on here how I price, depending where you are I will be happy to email you, but putting prices on an open forum where my competitors may (and do) visit would not be the brightest move. Forums are a great idea but some things are best not shared if you want a successful business.



I charge £1 per window, £1.50 if its that large it would take 2 climbs of a ladder.
£1.50 for patio windows, french doors.
£2.00 for sky-lights, second floor windows, windows above a conservatory.
50p per door, £1 if it has panel either side of the door.
I add all this up then add £1
I find this way you are pretty fair as pricing goes. you will still get customers moaning about the price though,

Matt

That is pretty much how I price them up.  Some moan that it is too much then you have others saying "Is that all for that lot?"

cozy

Re: It does not pay to be greedy.
« Reply #21 on: July 17, 2010, 09:28:51 pm »
Good point Ewan. However,In accounting and finance, earnings before interest and taxes (EBIT) or operating income is a measure of a firm's profitability that excludes interest and income tax expenses.[1]

EBIT = Operating Revenue – Operating Expenses (OPEX) + Non-operating Income

Operating Income = Operating Revenue – Operating Expenses[1]

Operating income is the difference between operating revenues and operating expenses, but it is also sometimes used as a synonym for EBIT and operating profit.[2] This is true if the firm has no non-operating income.

A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by Earnings Before Interest, Taxes, Depreciation and Amortization EBITDA and EBIT), and then determines the optimal use of debt vs. equity.

To calculate EBIT, expenses (e.g., the cost of goods sold, selling and administrative expenses) are subtracted from revenues.[3] Profit is later obtained by subtracting interest and taxes from the result.


or, you could just clean enough windows to have some money left at the end of the month.  ::)

cozy

Re: It does not pay to be greedy.
« Reply #22 on: July 17, 2010, 09:44:45 pm »
You do realise, I'm agreeing with you? The profit margin is mostly used for internal comparison. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. ZZZZZZZZZZZZZZZZZZZZ (Sorry, fell asleep there  ::) )A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss.

Profit margin is an indicator of a company's pricing policies and its ability to control costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. Blah blah blah and so on and so on.

cozy

Re: It does not pay to be greedy.
« Reply #23 on: July 17, 2010, 10:05:47 pm »
Yeah, I know it takes 5 minutes to scrape an egg off a window and that costs 35 quid, is that what you mean? Or are you talking about profit margins again and still claiming your sarnies off the tax man? (Sorry about that last bit, the newer members won't have seen the old posts Ewan deleted )

So anyway, about the profit margins mate............. You were saying?

Dave Willis

Re: It does not pay to be greedy.
« Reply #24 on: July 18, 2010, 08:56:02 am »
He wouldn't understand.
When I price a job I like to break it down as an overall cost per annum. Ie. I need to know the individual unit cost of each window per minute spread over the whole year. One window might work out at 00000000.1p to clean for the whole year. This is unimportant and not many would understand, not even me. I divide the annual figure of the window clean by the number of minutes in a year, then i subtract the number of minutes of holiday I might have, then subtract the number of minutes in a weekend, I might add on the minutes in a Sunday because I rarely work these. I then think of a number between one and ten, double it and divide by two, multiply that by three, add it to the first number I thought of then, compare it with my original estimate and I find I'm spot on everytime. If not, I might get the log tables out of the van to get a more accurate picture.
It's not rocket science (but it's pretty close).
The old fashioned way of guessing how much you would like to earn per hour is so antiquated these days.

Richard Neal

  • Posts: 1737
Re: It does not pay to be greedy.
« Reply #25 on: July 18, 2010, 04:05:30 pm »
i keep my poles in my van not logs :)
Im not scared of heights, just falling from them.
mrwindowclean@hotmail.co.uk

Jonathan Spencer

  • Posts: 315
Re: It does not pay to be greedy.
« Reply #26 on: July 18, 2010, 04:14:04 pm »
He wouldn't understand.
When I price a job I like to break it down as an overall cost per annum. Ie. I need to know the individual unit cost of each window per minute spread over the whole year. One window might work out at 00000000.1p to clean for the whole year. This is unimportant and not many would understand, not even me. I divide the annual figure of the window clean by the number of minutes in a year, then i subtract the number of minutes of holiday I might have, then subtract the number of minutes in a weekend, I might add on the minutes in a Sunday because I rarely work these. I then think of a number between one and ten, double it and divide by two, multiply that by three, add it to the first number I thought of then, compare it with my original estimate and I find I'm spot on everytime. If not, I might get the log tables out of the van to get a more accurate picture.
It's not rocket science (but it's pretty close).
The old fashioned way of guessing how much you would like to earn per hour is so antiquated these days.

I prefer x-y=z

A & J Owen Window Cleaning

  • Posts: 2192
Re: It does not pay to be greedy.
« Reply #27 on: July 18, 2010, 04:24:59 pm »
offices i can charge £2 - £5 a window domistics £1.50 depending on house and car of course so it does pay a bit to be greedy mates if you can get away with it

firefly123

  • Posts: 516
Re: It does not pay to be greedy.
« Reply #28 on: July 18, 2010, 08:13:47 pm »
two pounds a window thats fair ;D ;D
shiney one

Sean Dyer

  • Posts: 2947
Re: It does not pay to be greedy.
« Reply #29 on: July 18, 2010, 08:16:52 pm »
£2 - £5 a window for offices? really? maybe shops but that would price you right out of any small commercial round my way i find its less or similar as domestic per unit but quicker to do as its open and access is easy etc

Newannaive

  • Posts: 320
Re: It does not pay to be greedy.
« Reply #30 on: July 22, 2010, 02:32:40 pm »
i've got too much work really so i can charge what i want.. if they dont like it no big deal