When You Screw Up Will you mess up a couple times? Definitely. More than a couple. I have messed up a lot of painting estimates. But every time we mess up (and we still do), we learn from those mistakes and never make the same mistakes twice. Screwing up and failing is how you learn. Be ready to make never-ending tweaks and adjustments to your estimates. There is no way to be in business and not screw up. Learn to embrace those failures, and learn from them. If you do screw up your bid, that’s ok. You have to price yourself incredibly low to actually lose money. So don’t sweat. Just learn. House Painting Broomfield CO
- The paint job will take you much longer compared to the painting speed of the pros. An experienced paint crew can paint the entire house in 2-3 days (depending on square footage and job complexity). However, if you only paint on week nights and weekends the same job may take you 2-3 weeks. During this time, the area that you are painting will not be usable and the house will be in a general state of disarray.
Very nice blog. Pretty good information. BTW, how do you estimate the equipment cost for a painting project? You might have spray machines bought 3 years ago or may be renting such machines. So how much equipment cost will you charge for a given project? Also how about the overhead cost – like insurance, rent, ad, vehicle, utility, salary…etc… ? How do you figure out how much overhead cost to be charged on a given painting project? House Painting Broomfield Colorado
Hi Kim, we’re glad you like the site. You’ve asked a really good question. We recommend keeping a consistent pricing structure no matter what the area. Some painting contractors will try to raise their price if the area is very affluent, but if you have a consistent estimating system, the pricing should take care of itself. More affluent areas usually have larger houses, so your pricing is already going to be higher when considering the job size. You shouldn’t price based on what the area is, but rather, what do you need to charge to make your target profit margin. House Painting Broomfield Colorado