Pricing

[Mike]

a guy who owns a little storage lot had a boat cover stolen  the boat was to be shipped to the Bahamas an could I have it done by Wednesday   so I gave him a fair price and got a deposit well today I finished the cover  he asked if I could have it today and it was he knew id be done well I went into the office to say im done and he said hed have the money tomorrow and I said well I was looking to get it today. well he had bank trouble with a bounced xcheack and he was overdrawn.  he was going to find the money  well 6 pm he called and had the money that was a first . he felt guilty .

now back to Virginia

[Virgs Sew n Sew]

Thanks again for all of your input.  As I posted before, I've been increasing my prices usually on a quarterly basis.  I'm now looking at each new job as far as what price I should charge.  I definitely know that I've been undercharging but rationalized that as many times, it was the first time I had attempted it.  So I felt my customers deserved a price break since they were my guinea pigs.  However, it's been 2 years now and you learn quick in this business : ) also you take knowledge from one job and apply it to the next.  So, it's time for me to recognize my own worth.

Having said that, I'm still struggling with how much to charge on the pontoon covers.  Guess I'll just play it by ear when they're finished.  Should finish one in the next few days so I need to figure something out.

Thanks again!

Virginia

[Darren Henry]

it's time for me to recognize my own worth

Atta Girl,Virg!!!!! And it's not just about the money. Remember that you're worth as much as anybody else when it comes to how you let other people treat you, and how you treat yourself.

I felt my customers deserved a price break

I've never had my mechanic knock $10 off the bill 'cause he had to answer the phone or nature. I did so many favours/breaks/whatever you want to call it that my customers now have to got to someone much more expensive and I am stuck existing out here. Be fair---but fair to yourself as well.

And that " I'll make it up on the next job" is a myth. At least I kept on shooting myself in the foot to be nice to them on the next job too.