Setting your plumbing rates

 Before you give any plumbing quotes, you need to establish your rates.

As all construction professionals do, you must include your overhead and a markup for profit in your plumbing estimates. But first, you need to know the exact dollar amount of all your operating expenses. Overhead costs include:

Office expenses, including your rent or lease.

Team member wages, benefits, Workers’ Compensation, payroll taxes, etc.

Work vehicles and tools.

Plumbing license and insurance.

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