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Post by Mezalick on Dec 2, 2020 3:43:15 GMT -5
I think I sell my signs for way too cheap, but if I used the 1/3 method of costing signs, I would make even less. Redwood, then by no means us this formula......but it just a starting point... ~M
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Post by mnwoodbee on Dec 2, 2020 7:01:36 GMT -5
Completely agree with the multiple factors that influence it. I have a shop rate set for the cnc. I was more or less just seeing if there would be a generic reply for these signs. Material isn’t cheap, texture tool paths are not quick.
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Post by colofan on Feb 9, 2021 10:34:04 GMT -5
On most jobs I take the materials(includes overhead) and labor then double that.
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Post by craigo on Jun 21, 2021 10:22:52 GMT -5
This is an old post, but I had to comment on the 1/3, 1/3, 1/3 formula. My opinions are: If I purchase something and resell it, I get a profit on that, however much that may be. If I go to the the store to pick up materials, that is labor. If I spend time designing something and prepping it for the CNC, that is labor. Time is money. And my hourly rate will vary, whether that time is shopping, delivery, design, etc. My CNC is my employee, and anytime it is running, it is being billed as such. Yes, you have to stay competitive, but how much money do you want to make? Take that dollar amount, divide it among time and materials, and as long as you are putting in a full week, you should be making money.
-Craig
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