"He who marches out of step hears another drum." ~ Ken Kesey
all of these calculated cost will help me refigure my price structure..I THINK im a little to high with my prices....especially for someone with ZERO over head.
I was just wondering if anyone keeps track of how many screens; shirts; etc products last you.For example I can say that one quart of emulsion I can coat 19 screens....coating 23 x 31 screens....doing one pass on each side.Next I am going to keep track on how much a can of adhesive lasts me as far as shirt count and same for a can of screen opener...granted the number will vary but I'm sure you can get a general idea of how many shirts you can print before you need to replace.....same for rolls of tape which I think would be an easy one..just measure all 4 lengths of the screens and dived the tape roll length by the screen measurements and you can figure out how long a roll of tape lasts.all of these calculated cost will help me refigure my price structure..I THINK im a little to high with my prices....especially for someone with ZERO over head.Just wondering if anyone else has such numbers calculated already.
For example I can say that one quart of emulsion I can coat 19 screens....coating 23 x 31 screens....doing one pass on each side.
Quote from: Mark @ Hurricane Printing on July 28, 2013, 01:39:29 PMall of these calculated cost will help me refigure my price structure..I THINK im a little to high with my prices....especially for someone with ZERO over head.Okay, this is always a red flag for me, generally heard from "garage" printers (though home based businesses, like mine, in fact, are not limited to garages. Hell, I don't even have a garage and if I did, I'd use it for vehicles!)No overhead? So, your property and operation incurs no utility costs, no insurance, no trash, no mortgage or rent or upkeep?I work on my residential property, and my operation is responsible for at least 25% of all of those expenses as well as some specific to the business.This is both figured into my shop hourly costs as well as, of course, listed as expenses on my taxes.Quote from: Mark @ Hurricane Printing on July 28, 2013, 01:39:29 PMYup. I went from garage to a warehouse and back to the garage. From the get-go I estimated expenses for a commercial building, including lease, insurance, and utilities, and factored these into my prices. When I actually moved to the warehouse, I made no changes to pricing. Likewise when I moved back. And, like yourself, Andy, I calculate my utilities for tax purposes based on the percentage of my home office and garage taken up by the business.Starting out in a garage and basing pricing on no overhead will bite you in the ass if you ever expand into a commercial space.
We track everything. Purchases of in, chemicals, mesh, emulsion, etc. Labor. Impressions, Set ups, set up/tear down times, run times, Screens made/reclaimed. And on and on. If we use it, we track it. Fixed costs are, well, fixed costs. I can't imagine anything we can't figure a cost on.
Markhow the hell do you run a business without knowing what it costs you? If you don't know how do you know your prices are too high?this is simple business and economics 101.time to start figuring out why you are failing.
Mark, any part of your home that is now used for business is not available as a home, and should be figured as such.Take it to the extreme, and figure that some day, you may need your entire house for business, and sleep in your car or rent another place.Would your business still "no overhead"? It's the same place.Why do you make the distinction when it is merely part of the home?What about a nice commercially zoned loft in which you also sleep? Would that be free lodging, or no overhead for your shop?You have to look at this in a business-like way, or you are starting on a slippery slope.
I have claimed my 3rd bedroom as my office for my biz....this year will be the first year I claim my one car garage.
Quote from: Socalfmf on July 29, 2013, 08:26:37 AMMarkhow the hell do you run a business without knowing what it costs you? If you don't know how do you know your prices are too high?this is simple business and economics 101.time to start figuring out why you are failing.I am using the cost matrix of the guy that mentored me. When I got back up and running we worked a deal where I would move my press into his existing commercial location shop..he wanted to expand to two presses and I needed a place to set up...so I set up there and the trade off was he used my press and I had access to his shop with no rent to pay.He shared his price structure with me and thats what I have been using. When he closed his shop and I opened up my own shop and carried over his price matrix with me. Once I closed my shop and set up in my garage I am kept the same structure.So I am using a calculated price matrix for my area which is right down the middle and comparable to other businesses that run manuals.