Get Your Free Estimate Template for Quality Assurance

Free estimate template for Quality Assurance

hello this is Dustin with home mender and today we're gonna be doing part three of the business series I'm gonna show you some tips and tricks that work for me that way you can feel confident and be prepared to send some bids I'm gonna show you how let's get to it so the first step I would say is do research on whatever project that you're gonna be bidding the best way to do this is to find out what the market value for such a project in your area is going to be this can be kind of tough sometimes you might want to call some businesses maybe request some estimates now a lot of people will not give an estimate all over the phone so you may need to get creative on this one I've actually pretended to be a little old man that had a lot of doctor's appointments you know um too old to meet with a bunch of contractors can you tell me how much it cost to put on a roof and then they'll give you some kind of something who wouldn't want to help out old man if you can't do that then get your wife or girlfriend to call and set up some bogus estimate and get some prices to decide on what kind of form what kind of estimate style that you're gonna be doing now a lot of people use QuickBooks or some kind of other bidding program I find that that lacks personality creating your own estimate style gives kind of a personal feel to a businesslike process now your estimate should include a logo a tagline date address description of work to be done an estimated time of completion and some sort of guarantee even if it's a thirty days or six months people like to feel warm and fuzzy when they know that they have a guarantee like I can call this guy any time and he's gonna rush right over and take care of me the tough part of that is if they do call you actually do have to rush right over there number four when describing the work use safe terms that will let the customer know exactly how much work that you're gonna be doing so he expects nothing more and he expects nothing less terms like replace as needed or match with like style also replace faucet with standard bathroom faucet if they ask for something specific like a delta faucet then you want to make sure that your estimate also reflects number five could be the tough part coming up with a price now this is not rocket science but it basically comes down to how good you are or how confident you are in your work don't feel everyone wants the best deal people don't mind paying for better quality work a good repair tech should be making between 75 and $100 an hour so the formula would be your hourly rate plus material cost any material that you buy should be up charged 30% if you purchase a $300 door for a customer you should charge them 390 and don't forget all the things it's required to that door shims caulk insulation 90 bucks might seem like a lot just to purchase the door but it's not just purchasing it it's paying for it it's going to pick it out it's hauling it to the job and getting it there undamaged six let them know if you require a deposit basically anything over a thousand dollars you should get half down for that helps to pay for your material costs and also pay your help if you have some that'll keep you from doing large jobs out of your own pocket you might also throw in a note about you will be hauling away all the debris and construction trash a lot of times I'll drive by a house and see like a toilet sitting out on the yard and I just know it's some cheesy contractor that didn't haul away their toilet for them number seven make sure you let customers know how they can pay make it easy for them a good idea is to accept credit cards something like a credit card reader app like square reader or something like that lets customers know that hey you can charge it you might also want to pay any credit fees to help influence in their decision to give you the job number eight email it over earlier than you told them it would be there and be cheerful hey it was great meeting you I'm really excited about your project something along these lines you can also use your Gmail or your mail server to archive each and every invoice an estimate that you send over it's a good way to keep an online filing system of all the work you've done that's a free tip and the final thing do not be discouraged there's always somebody more expensive and there's always going to be someone cheaper than you be confident in your bids your work and yourself you can do this so that's it just a few tips on how to prepare a bid and send it to a customer and get that bid I'd love to know what you think about the video comment down below share with me what works for you what doesn't work I would love to hear from you also if you need help with logo ideas or slogans I love doing that shoot it over to me I'll help you out if I can so for Holman drink this is Dustin I hope you learned something today and if you did don't forget to click subscribe thanks for watching