Management

Pricing in the Trades: Building a Defensible Hourly Rate

Combine cost, productive time, risk and profit using your own business data.

MP
ManoPlan Team
|Nov 22, 20241 Min.

A sustainable rate cannot come from industry rules of thumb. Pay, on-costs, downtime, vehicles, administration, material risk and investment differ by business.

Calculate with your own numbers

Determine genuinely productive hours and allocate overhead consistently. Review tax, payroll and costing assumptions with accounting or tax advisers.

  • Capture direct employment cost
  • Separate productive and non-billable time
  • Include overhead and investment
  • Allow for risk and reasonable profit
  • Use job costing to adjust
MP

ManoPlan Team

The ManoPlan team consists of experts in trade software and process optimization. We help trade businesses work more efficiently and successfully.