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All Replies on Drawer like box, but no bottom, what to charge

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View Genuino's profile

Drawer like box, but no bottom, what to charge

by Genuino
posted 09-13-2018 11:28 PM


3 replies so far

View RDan's profile

RDan

99 posts in 2620 days


#1 posted 09-15-2018 04:14 PM

Remember your Labor, will be the most costly and make sure you include the Prototype time. Then source the materials, if rough and planning needed, you have to include that time figure $60-$100 per hour. Then the cost of materials + 10-15%. Include any tools that may be needed. Just my ideas, I was in another line of work and tried to go cheaper. The issue was they didn’t see me at the same level as other outfits from the cities. Dan

View waho6o9's profile

waho6o9

8593 posts in 2873 days


#2 posted 09-15-2018 04:44 PM

Submit a proposal

Genuino Custom Woodworks
PO Box 1313 Mocking Bird Lane
Alder City
Atlanta …......

Use RDan’s formulas and it will keep you going in the correct direction.

Others will have good advice as well.

Good luck now.

Huff’s blog is worth your time.

View Genuino's profile

Genuino

24 posts in 847 days


#3 posted 09-16-2018 02:38 AM

Thank you RDan and waho6o9,

I’ve done two prototypes, no charge, if I buy rough lumber is $3.17 board foot, if I buy at HD (S2S) is $3.60, plus renting a truck to get those big pieces home plus the planning and sanding, not worth it to me. Not sure how to calculate the use of the tools, sorry but I’m trying to learn. They mentioned they paid $42.50 per unit to a guy in California, which I think is too little, he just retired, so they need another woodworker. Half of what they say they paid goes for the finishing only in my view. On another note, I think I might just skip this one or find someone else before getting into something I might regret or not make money on, although will be a good business lesson.
One way I look at it, apologies if it is wrong, I have made a few custom butcher’s block, walnut, mahogany, maple etc., or combinations of those about 12”x18” smallest size and sell them for $250 and up, takes a lot less time, materials and work to do those than these boxes, how they got away paying $42.50? Most likely they are lying but at that price I’ll be loosing money.
Any other comments or suggestions are welcomed, thank you so much guys.

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