[Skibrushandroll]

Good evening everyone I'm new to this community and have a lot of experience painting for other people and have recently decided to go out on my own with one partner. We both have many years of experience being Foreman's and Lead painters but the one thing that we get confused on is how much markup do we charge out to the homeowner on top of what we pay our hourly wage to that employee? I'm still a couple months away from getting my license fingers crossed, but I am trying to start learning the ins-and-outs on the business side as soon as possible. Our goal is to pay at the competitive rate or above to try to create a good work relationship with our employees and possibly eventually offer bonuses and profit sharing.

Thanks for the time everyone and I appreciate any input I get good or bad.

 

[Skibrushandroll]

x3 minimum

So a employee making 22 would get charged out at 62?

 

[Skibrushandroll]

If your able to charge out that much, you should be paying your top guys way more. Imo. Where I live, I certainly couldn't get 3 to 4 times what I pay my guys. For painting anyways. That's crazy.

Yeah I agree. I'm trying to create loyalty by paying well and not just exploiting their labor. Plus my partner and I plan on being on site working for at least the next 2-3 yrs.

 

[Skibrushandroll]

I will be out doing bids, scheduling, and some basic bookkeeping half of the week and on sit for about 25 hrs a week. For now