Yeah, but that hourly rate charged by the plumber’s company is not what the plumber gets - far from it! That rate covers taxes, rent/mortgage, equipment purchase/replacement, support office staff wages, etc. The plumber might make $30 out of that $65-$85, if that much!
“Yeah, but that hourly rate charged by the plumber’s company is not what the plumber gets - far from it! That rate covers taxes, rent/mortgage, equipment purchase/replacement, support office staff wages, etc. The plumber might make $30 out of that $65-$85, if that much!”
You are so right, the biggest reason that new plumbing businesses fail is when someone thinks that they can charge double or a little more, of their own personal pay rate from their last employer (where he is usually the top plumber)and still undercut the rest of the plumbing companies and rake in all of the profits.
They soon find out what an incredibly expensive business it is, those guys always end up back in the employment line.