No you did it wrong take your yearly costs. The cost of what it would be to replace your tm/van etc which should be somewhere between 600- 800 per month on average unless you buying large machines, add that to every expense including your owners draw/salary Then divide all of that by the hours you ran. That will give you a pretty accurate cost for each of those hours you were making money or in some cases not making money.Dmreed4311 said:Did your formula on my oldest Tm (11 years) put in my average techs salary plus my salary salary divided by 5. My total came out to be 267.77 per hour based on it having 4123 hours on it. I keep pretty good books and know exactly what each van makes, seems high to me and Iam border line illiterate so I may be a little off.
wasn't questioning your information, I was curious. Not quite sure why you made the rude comment that I didn't deserve, but I still got love for ya. That is great production. You didn't specify what equipment you were using so I asked.
The Toledo plant's admin offices are 11,300 sq ft, and when it was a brand new install I had to go in scrub the dirt and factory coat off, clean it, and apply a finish that had 25% solids(4 coats) for a nice high shine. It took 2 days and 30 man hours, and I think we charged .33 or .36 a sq. Its been 7-8 years
Hoody said:Greg,
I wasn't questioning your information, I was curious. Not quite sure why you made the rude comment that I didn't deserve, but I still got love for ya. That is great production. You didn't specify what equipment you were using so I asked.
But I've done a lot of VCT. My first 2-3 years in this industry were nearly nothing but VCT work, day in day out, so I know a little bit about it. I've taken on little 100 sq ft entry ways, to the GM 6 speed transmission plant in Toledo, and everything in between. The Toledo plant's admin offices are 11,300 sq ft, and when it was a brand new install I had to go in scrub the dirt and factory coat off, clean it, and apply a finish that had 25% solids(4 coats) for a nice high shine. It took 2 days and 30 man hours, and I think we charged .33 or .36 a sq. Its been 7-8 years.
I've done larger projects but they were broken down into sections. As the installers finished and the glue cured, we were in there scrubbing the factory finish off and coating it. Biggest to date that I can remember was a 125,000 sq ft commercial building with 4 floors. 82,000 of that was VCT. We did a lot of full stripping, scrub and re-coats, and spray and buffs, on many accounts.
HARPER said:Greg...
VCT ...really.... :roll:
ShittiesT...job in the WORLD....
WORST HOURS....WORST LABOR COST....WORST CHEM COST..."Are you a jAniToR"...?
55K in VCT work...is PaThEtiC for profit margins... :!:
You can make MORE profit...in 1 month of CARPET CLEANING.... :mrgreen:
XTREME1 said:while Hoody plays with his pecker this morning I am headed out to do all the vacants at the Pinehills. Then is off to Storyland Sunday for a few days while we have a full week and a 60,000 sq ft job at the end of it
bigchuckie said:HARPER said:Greg...
VCT ...really.... :roll:
ShittiesT...job in the WORLD....
WORST HOURS....WORST LABOR COST....WORST CHEM COST..."Are you a jAniToR"...?
55K in VCT work...is PaThEtiC for profit margins... :!:
You can make MORE profit...in 1 month of CARPET CLEANING.... :mrgreen:
There is thing weird thing up here in the NE called Winter. CC is dead VCT is slow Hmmm lets see VCT or starve
lance said:Sam, have you ever thought of leasing an employee thru an agency so that you can have a helper when you need one and the agency takes care of all the workers comp, etc. of the worker? If one doesn't work out you can always try another worker until you find one you like.