Calculate what you can afford to spend based on your target profit margin.
What you're charging the customer
Industry average is 20-35%
Before you price a job, know your target margin. Then work backwards: if you can't deliver it for the max cost, you need to either raise your price or walk away.
Rule of thumb: If your total costs (materials + labor + overhead) are more than $3,750 on a $5,000 job, you're not making 25% margin, you're working for less.
Check out our other calculators to help you price jobs right.
