323
 
New Member

Mark Up Question

10/29/09 7:09 PM,   Viewed by asker 11/18/09 5:49 PM
Total Views: 57

To figure how much I charge customers hourly, I take the total overhead for the month and the Total Amount of Hours Out, and take the percentage?

This answer marked as the solutionSolved!
Subscribe RSS
 
 
All Replies:  Answers (1)  
Accountant Community AllStar
 
Rating + 10
This answer marked as the solution

Solved!

10/29/09 10:19 PM

I've heard it put this way: Figure out how many hours you want to work in a year, figure out how much you want to earn plus how much it will cost you to be in business. Add up the dollars and divide by the hours.

Really, there are so many ways to develop your markup. Mostly, it's what you know is standard for your industry and your region, knowing this is a range, anyway, so then you figure out what the market will bear for whatever it is you are doing.

There are a lot of regional statistics on the web.

If this post answers your question, please mark this Solved and that will close your topic. Otherwise, let us know if you have more questions.
 
 
 
 
 
 
Subscribe RSS
© 2009 Intuit, Inc. All rights reserved. Intuit and QuickBooks are registered trademarks of Intuit, Inc.
Terms and conditions, features, support, pricing and service options subject to change without notice.