How to Estimate a Job
When you estimate a job there are many important things to consider. First what type of work will this be? Wood, Concrete, Plumbing, Electrical etcetera.
Will there be any special considerations? Such as difficulties to overcome, etcetera. The reason for taking this approach is that you can only then ensure you’ve accounted for the difficulty of the actual work at hand. Once you ‘ve done that and most likely determined it will be a normal job you can put that behind you and get on with creating a normal estimate for the work.
The job estimate needs to be comprehensive, on your end. What I mean to say by that is it’s important that you get all of your cost included in your initial estimate as much as possible because you don’t want to have to go back to your client and ask for more money right after you begin the job. That can be very annoying to clients. That’s why you need to put the thought into the estimating process beforehand!
A good way to do this is to have a company template that you will use when you’re creating estimates for the jobs. The template should include areas where you can account for the hours you estimate the job will take, an area where you can account for the materials that will go into the job. There should even be an area where you can account for miscellaneous things and even an area where you can account for the full cost of moving your vehicle to the job site. No one area is more important than another, they should all carry the same weight in the estimate.
There are reasons for this. If you fail to get paid correctly for the job then that’s called doing charity work. And that’s OK if that’s your intention, but not OK if you in business to make a living.
Now what you may not know is that there is an app for your Smartphone that has already taken all of these areas into consideration and has a built-in Job Template you can use to estimate jobs with.
The name of the app is the Profit Pal Mobile Invoicing App. This app can guide you through the process of making great estimates for your jobs. When you log into the app it has a sheet that you follow to input the numbers and the app does the calculations in the background saving your numbers to go into the invoice you will send your clients.
This app can really help you to make better estimates!