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IMPORTANT // Please look after your loved ones, yourself and be kind to others. If you are feeling that the world is too hard to handle there is always help - I implore you not to hesitate in contacting one of these wonderful organisations Lifeline and Beyond Blue ... and I'm sure reaching out to our PRE community we will find a way to help. T.
Plumber$
- Thread starter Tigers of Old
- Start date
Ok I am a plumber, I don't earn anywhere near that, but still think I need to defend my Trade somewhat!
I am not saying plumbers are doing it tough or anything, but its not all massive profit like your thinking.
He didn't just magically appear at your house so it's fair to say there were some travel costs involved! while he is travelling to your house ( could be in traffic and could take hours) he can't be earning money so that cost is passed on to you.
I assume he didn't use his hand to unblock the drain. depending on what machine he uses, some cost over $10000. something has to pay for that.
like all businesses, he has many ongoing costs like insurances which also come from this "profit"
there is also a fair amount of risk involved with putting drain cleaning equipment down drains. If the machine gets stuck (it happens) it may need to be dug up. if that's under your driveway, all that needs to be ripped up and replaced. Guess where the money fro that will come from.....this Massive profit he makes. so while he does make extra on jobs like yours, If the day comes where the worst happens, he needs to allow for that risk in his prices.
there is also the fact he has to deal with *smile* all day too ;D
sorry, that's all I have time for. Have to get my Ski boat on the back of the Range rover for the weekend.
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I am not saying plumbers are doing it tough or anything, but its not all massive profit like your thinking.
He didn't just magically appear at your house so it's fair to say there were some travel costs involved! while he is travelling to your house ( could be in traffic and could take hours) he can't be earning money so that cost is passed on to you.
I assume he didn't use his hand to unblock the drain. depending on what machine he uses, some cost over $10000. something has to pay for that.
like all businesses, he has many ongoing costs like insurances which also come from this "profit"
there is also a fair amount of risk involved with putting drain cleaning equipment down drains. If the machine gets stuck (it happens) it may need to be dug up. if that's under your driveway, all that needs to be ripped up and replaced. Guess where the money fro that will come from.....this Massive profit he makes. so while he does make extra on jobs like yours, If the day comes where the worst happens, he needs to allow for that risk in his prices.
there is also the fact he has to deal with *smile* all day too ;D
sorry, that's all I have time for. Have to get my Ski boat on the back of the Range rover for the weekend.
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bowden4president said:
Bowdo, I'm a white collar guy so I know about overheads.
You left out:
Costt of advertising for business
Hours each month or quarter doing his BAS/GST
Working out of hours at home doing his other paperwork.
Insurance - vehicle, equipment, loss of profits, public liability, etc
Phone Bills
Vehicle costs, petrol, maintenance, etc
Cost of buying new or eplacement equipment
the list goes on.
People think the hourly rate just covers the tradies time on the job. I'd estimate the "labour" component of the cost is maybe a tad over 50% of the total cost.
2c.
poppa x said:
Dunno about 2c worth...
I'm glad you didn't add your overheads & labour for the time it took to write out that post mate.
Probably worth an easy $100. ;D
