Open for ideas and suggestions - Paint Talk - Professional Painting Contractors Forum
CLICK HERE AND JOIN OUR COMMUNITY TODAY, IT'S FREE!
Go Back   Paint Talk - Professional Painting Contractors Forum > Painting Forum > General Painting Discussion

Reply
 
Thread Tools Display Modes
Old 05-04-2008, 12:13 AM   #1
 
Join Date: Apr 2008
Posts: 4
Rewards Points: 10
Thanks: 0
Thanked 0 Times in 0 Posts
View NEWBY's Photo Album My Photos
Question Open for ideas and suggestions

Retired from the U. S. Army and trying to start a new beginning.
Being new to the painter's world, I am open for all advise, suggestion, ideas, lessons learned, etc. I live in Atlanta, Ga. and I'm struggling with how to get into the job pipeline and how much I should charge starting out.

Thanks, Newby
NEWBY is offline   Reply With Quote

Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. PaintTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

Sponsored Links
Advertisement
 
Old 05-04-2008, 12:18 AM   #2
....
 
timhag's Avatar
 
Join Date: Sep 2007
Location: Pittsburgh
Posts: 4,698
Rewards Points: 2,000
Thanks: 244
Thanked 313 Times in 218 Posts
View timhag's Photo Album My Photos
Default

My cousin just retired from the Army also spent 22 years under the control of the US government You may wanna start out reading thru the site and obtaining The E myth Book.
__________________
Bring it!
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

timhag is offline   Reply With Quote
Old 05-04-2008, 01:06 AM   #3
Senior Member
 
JNLP's Avatar
 
Join Date: Dec 2007
Location: PA
Posts: 2,384
Rewards Points: 1,000
Thanks: 491
Thanked 325 Times in 202 Posts
View JNLP's Photo Album My Photos
Default

Where at in the army was you? Me & the wife was just talking about how this time last year I was at Ft. Benning, GA getting smoked all day & night. I hated it there but loved it so much.

Advice: Do a quality job. Even when you realize you fudged up that bid & just want to get the heck out of there so you don't rob yourself, do a good job as your name is on it. Suck it up & take advantage of the word of mouth you'll get.

Suggestions: Start out with a bang. Get into some good advertising, have a decent professional looking work vehicle, and stand firm on what you're out to do for the price you charge.

Ideas: Advertise towards those who can afford your prices & quality. Get in with one, please them, then use them to sell their neighbors.

Lessons Learned: Attorneys can be a pian. Some are great customers, others can and will make your life pure hell.

As for what to charge... What's your overhead? Figure in everything you need to run your buisiness. You have company vehicle, vehicle insurance, shop/storage rent, phone bill, yearly advertising costs, liability insurance, your average spending on tools, gas, etc... Now take that & divide it by your working days per year. So if you have $7,200 a year in bills, and say you're working 230 days per year, divide 7200 by 230 & you'll come up with $32 per working day in overhead. Say you want to make $40 an hour so your daily wage is $320. You want your company to make maybe 10% profit? Ok now all together you hourly rate is $49. A job that's going to take you 4 days will come out to $1568 + materials.

Also get a good deal on product. When you figure in material to a job, charge the home owner the retail price, what they'd pay if they went into the paint store & paid themselves. So if a gallon of paint retails for $30, and you get it for $18 under a contractor account, you make $12 per gallon profit. So on a house where you're using 20 gallons of paint, that's $240 you're making off of selling the paint you're using. That is also what you can use against a customer who is trying to talk you down in price. You now know you can go $240 lower without cutting into your profits or wage, and sometimes that $240 will get you the job being they "talked you down" & got their way wheeling & dealing.

That's how I work it, but I'm sure many here have other methods & might even disagree with mine. You just have to find what works for you.
__________________
I enjoy having haters... It lets me know I'm doing something right.

Last edited by JNLP; 05-04-2008 at 02:25 PM..
JNLP is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 05-04-2008, 01:23 AM   #4
Senior Member
 
JNLP's Avatar
 
Join Date: Dec 2007
Location: PA
Posts: 2,384
Rewards Points: 1,000
Thanks: 491
Thanked 325 Times in 202 Posts
View JNLP's Photo Album My Photos
Default

BTW... Don't use paint from Lowes, Home Depot, or Walmart.
__________________
I enjoy having haters... It lets me know I'm doing something right.
JNLP is offline   Reply With Quote
Reply

Tags
None

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Chat Room Open JTP General Painting Discussion 18 10-12-2012 10:02 PM
Advertising to open building permits Pete's Painting Business, Marketing, and Sales 1 03-04-2008 11:25 PM
Tuesday 9:00 PM Chat Now Open--Help JTP General Painting Discussion 0 02-26-2008 10:07 PM
Chat Open--10:40 PM EST JTP General Painting Discussion 1 02-18-2008 11:51 PM
Chat Room Open--Come on in UnWise JTP General Painting Discussion 2 02-12-2008 02:33 AM


All times are GMT -4. The time now is 06:05 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.1
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Our Pro Sites Network
ContractorTalk.com | DrywallTalk.com | ElectricianTalk.com | HVACSite.com | PlumbingZone.com | RoofingTalk.com