job profit calculator
A busy job isn't always a profitable one. Enter your price and costs to see what's left after materials, labour and expenses.
Changing currency changes the labels, not the numbers or exchange rates.
Include your own time, not just employees'.
What an hour of labour costs your business.
For example, equipment hire, parking or disposal fees.
What’s a typical job margin? As a broad rule of thumb, some small service businesses aim for a gross job margin of around 30-50%, but the right figure depends on the trade, job size and how costs are counted. Your margin here is before general business overheads and taxes - it is not your take-home profit.
Estimate only. Profit shown is after the direct costs entered, but before general business overheads, taxes and any costs not included above. If your quoted price includes sales tax, use the amount excluding tax where appropriate.
MAKE SURE THE JOB IS WORTH DOING
- Include the cost of your own time - even if you do the work yourself.
- Check that you've allowed for materials, travel and other job expenses.
- If the margin is too low, review your price or the scope before quoting.
- Once you've sent the quote, set a follow-up so the opportunity doesn't get forgotten.
HeyMyBiz helps you track enquiries, manage quotes and remember who to follow up with - without complicated software.