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cagedanimal2010
i work for a bloke at the moment, when ever he gets a quote for materials from the wholesalers he would add 15/20% on to the job quote price, is this normal practice?
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Phil
yep. i personally would get the best price on materials and charge them out accordingly. don`t forget if it stops working within the 12 months it`s you running back to the wholesalers to replace it. my diesel runs around picking bits up and my time is taken etc. so i don`t have an issue with a mark up.
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cagedanimal2010
that makes sense, just the few people i work for always want to see a copy of material prices, is there anyways around this? am i legally obliged to do so?
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Phil
yeh mate tell them to pick the materials up and then you are not responsible for any of the running around and laying the money out. either that or charge for your time on top of the job for the time taken running around to get it mate. nothing is free and certainly not fuel at the prices it is now.
The wholesalers i use will give me a copy of a quote with whatever price i want on it. Its a national company with three letters in the name in case you were wondering who.
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cagedanimal2010
cheers boys!!
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BluSparx
I always add mark up to my stock - otherwise how are you going to make a profit and let's face it we wouldn't be in the game if we didn't want to earn money.
We could all just sit on our backsides and sign on but we all go out to earn a living. You wouldn't hear tesco saying should we add markup on our stock or sell it for cost price would you?
Saying that most of my customers are domestic but the odd landlord who asks me to see an invoice I just tell him that if he doesn't want to pay my price to purchase the materials upfront and just pay me the labour but then MY product liability won't cover any faults that develop as I didn't supply materials ----- that normally keeps them quiet.
We could all just sit on our backsides and sign on but we all go out to earn a living. You wouldn't hear tesco saying should we add markup on our stock or sell it for cost price would you?
Saying that most of my customers are domestic but the odd landlord who asks me to see an invoice I just tell him that if he doesn't want to pay my price to purchase the materials upfront and just pay me the labour but then MY product liability won't cover any faults that develop as I didn't supply materials ----- that normally keeps them quiet.
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martysparky
even if you don't forget there is always something that comes up that'll cost you.
contingency funding is needed before or after but preferably before.
They can see the receipts if they like after the job as then they have signed the contract that states all with reasons and they can keep them if they pay upfront for materials.
I don't like to give credit thats what destroys business'.
you can include, order picking, courier and design fees along with time on tools to your invoice.
I think people look up prices and feel ripped off if your not upfront.
but then again they do all ways so horses for courses.
Thats my take.
contingency funding is needed before or after but preferably before.
They can see the receipts if they like after the job as then they have signed the contract that states all with reasons and they can keep them if they pay upfront for materials.
I don't like to give credit thats what destroys business'.
you can include, order picking, courier and design fees along with time on tools to your invoice.
I think people look up prices and feel ripped off if your not upfront.
but then again they do all ways so horses for courses.
Thats my take.
Last edited by a moderator:
Markc
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You are no more obliged to show a customer your "cost" price than Tesco's are for you weekly shop. You are, if asked for by a customer, obliged to show a breakdown of costs for materials and labour but at your rates. If the customer wants to know the price of a individual item then it is up to them to source a supplier and ask for a price directly. I doesn't matter if this is more or less than your cost even if it has been supplied via the same merchant.
I don't know of any company that will sell items at cost price. The 15 or 20% mark up is not out of the way and on some items it can be a lot more. I know of different and industries where hundreds of % is very normal.
I don't know of any company that will sell items at cost price. The 15 or 20% mark up is not out of the way and on some items it can be a lot more. I know of different and industries where hundreds of % is very normal.
The bit with the supply of materials is all the screws, wallplugs, sleeving etc that are never seen but can add upto a fair amount on some jobs
I usually add a minimum of £ 20 for all the miscellaneous bits and pieces and 20% on the material costs
I did a few years ago give a client a full breakdown of the material needed including detailing all the sleeving, screws and every last nut, bolt and washer, he didn't bother again and just let me get on with it
I usually add a minimum of £ 20 for all the miscellaneous bits and pieces and 20% on the material costs
I did a few years ago give a client a full breakdown of the material needed including detailing all the sleeving, screws and every last nut, bolt and washer, he didn't bother again and just let me get on with it
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martysparky
Generally it would be invoice at 20% above for me but with some really finicky customers they can have it there way and my way both.
Screws cost an arm and a leg these days
just like peppers at Sainsbury's gone up 100% in about 4 years. lol
Screws cost an arm and a leg these days
just like peppers at Sainsbury's gone up 100% in about 4 years. lol
I've starting adding 50 quid to all my quotes to cover thing like screws etc.
If they come back asking me to trim the price, its this 50 quid I trim a tad along with my 30% mark up.
Thing is though, to keep my prices down, i've stopped using my usual independant wholesaler and have had to turn to Electricfix.
OH MY GOD
If they come back asking me to trim the price, its this 50 quid I trim a tad along with my 30% mark up.
Thing is though, to keep my prices down, i've stopped using my usual independant wholesaler and have had to turn to Electricfix.
OH MY GOD
S
Spudnik
I think 30% is good, although i generally do 20.
Hmm might have to put it up though.
Hmm might have to put it up though.
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Mark_Burgess
At least 30% mark up on standard quotes, if there is a particularly high priced item and I am in a good mood as the rest of the job ie: time, labour and working conditions are good and easy then 20%, especially if it is a click of a mouse to order it job.
For example, Click Flow connectors.
From my good well stocked wholesaler £2.65 +vat and from a little crappy usually a rip off type of place, £1.85 +vat.
Normal wholesaler won't budge on price as if he does hes giving them away for less than cost.
How can I mark up materials using places like this???
From my good well stocked wholesaler £2.65 +vat and from a little crappy usually a rip off type of place, £1.85 +vat.
Normal wholesaler won't budge on price as if he does hes giving them away for less than cost.
How can I mark up materials using places like this???
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martysparky
nice one Mark thats about 200 on a 3 bed total job maybe I should revise. good if its coming.
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lloyd1980
I look at the overall cost of labour and cost price of materials then think what am I happy with sticking on the materials, what can the customer afford
I would say a min of 10% but the skys the limit, in b and q wylex RCBO's are nearly £ 35 quid each, wholesale I get them £ 10.99 + vat, ok not wylex but an RCBO non the less and decent quality
I worked in a shop yesterday and the owners were moaning about the last spark who did the lighting
it was a good job to be fair to his install, they were moaning about the cost
he installed 6 T5 twin 5ft fluorecent fittings
2 double sockets cable surface enclosed in conduit, not big run - small shop
total bill came to over 3 grand!!!!!
he charged them £ 300 per light and over a grand in labour
he was there less than a day, and I priced the lights wholesale out of curiosity and they were £ 105 each plus VAT
no wonder he drives a range rover!!!!!
I could NOT charge those prices and sleep at night!!!
I would say a min of 10% but the skys the limit, in b and q wylex RCBO's are nearly £ 35 quid each, wholesale I get them £ 10.99 + vat, ok not wylex but an RCBO non the less and decent quality
I worked in a shop yesterday and the owners were moaning about the last spark who did the lighting
it was a good job to be fair to his install, they were moaning about the cost
he installed 6 T5 twin 5ft fluorecent fittings
2 double sockets cable surface enclosed in conduit, not big run - small shop
total bill came to over 3 grand!!!!!
he charged them £ 300 per light and over a grand in labour
he was there less than a day, and I priced the lights wholesale out of curiosity and they were £ 105 each plus VAT
no wonder he drives a range rover!!!!!
I could NOT charge those prices and sleep at night!!!
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TPES
Although work can be tight and a strugle now and then it just shows that there's many people that do actually pay these high prices.
While there's many that moan about the price there's others that don't, my way of thinking is customers have to face up to it that we don't give our time and effort for free. Were here to make a living and not every job is £30!
If they don't like it, I walk away.
I just explain to people you get what you pay for
While there's many that moan about the price there's others that don't, my way of thinking is customers have to face up to it that we don't give our time and effort for free. Were here to make a living and not every job is £30!
If they don't like it, I walk away.
I just explain to people you get what you pay for
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DurhamSparky
depends what the cost of materials are and how cheap i can get them according to customer...!! 25-30%
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panicoll
I find the more you try to make the job cheaper for the client, the more they want done for nothing and now I dont save them anything. i now only use good quilty gear none of them cheap sockets MK only and also none of this writing lists for them to supply. supply and fit only take it or leave it. With regards to markup i am normal 15%.
Wholesalers can be cheaper but some gear is alot cheaper in screwfix and i take the most expensive quote add 15% and then buy at the cheapest place
again I allow for screws etc and depending on job from about £20 - £50
Wholesalers can be cheaper but some gear is alot cheaper in screwfix and i take the most expensive quote add 15% and then buy at the cheapest place
again I allow for screws etc and depending on job from about £20 - £50
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lloyd1980
fair play
I beleive we are pricing ourselves too low
look at grease monkeys charging £ 50 ph labour
god knows how much they stick on parts
each year when the MOT comes around I pull my pants down before entering the garage to save them the trouble of removing them
if only PIR's were compulsory for everyone each year like MOT's are
..........we can dream!!!!
I beleive we are pricing ourselves too low
look at grease monkeys charging £ 50 ph labour
god knows how much they stick on parts
each year when the MOT comes around I pull my pants down before entering the garage to save them the trouble of removing them
if only PIR's were compulsory for everyone each year like MOT's are
..........we can dream!!!!
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TPES
Yes Lloyd, well said my man, won't happen, but we can dream
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Adam W
Garages are some of the biggest ripoff merchants around - you drop your vehicle off at 8am for an MOT, go back at 5 and it's in the air with the wheels off; greasemonkey sucks his breath in over his teeth and tells you it's failed on the brakes and gives you an estimate at how much it's going to cost. You feel obliged to accept the quote because you can't exactly drive away with your vehicle in it's current state, go back the next day and the price has doubled because it was "a bigger job than expected".
Now I get my MOT done at the bus garage because they don't do any remedial work there so it doesn't make much difference to the tester whether your vehicle passes or fails. Things like the brakes are totally down to the tester's discression and you can do all the servicing (change the oil, spark plugs etc) yourself with only basic tools.
And they seem to get away with it as well! If a spark tried telling every customer they need a consumer unit change because theirs isn't 17th edition or they need a rewire because their house wasn't wired in harmonised colours, they'd get 'named and shamed' quicker than you could say "Matt Alright, BBC Rogue Traders".
Now I get my MOT done at the bus garage because they don't do any remedial work there so it doesn't make much difference to the tester whether your vehicle passes or fails. Things like the brakes are totally down to the tester's discression and you can do all the servicing (change the oil, spark plugs etc) yourself with only basic tools.
And they seem to get away with it as well! If a spark tried telling every customer they need a consumer unit change because theirs isn't 17th edition or they need a rewire because their house wasn't wired in harmonised colours, they'd get 'named and shamed' quicker than you could say "Matt Alright, BBC Rogue Traders".
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