Fred Yarur Nothing in the world is worth having or worth doing - - PowerPoint PPT Presentation

fred yarur nothing in the world is worth having or worth
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Fred Yarur Nothing in the world is worth having or worth doing - - PowerPoint PPT Presentation

Fred Yarur Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty -T. Roosevelt 1. 2. 3. 4. 5. Repeat Acquire Estimate Sell Schedule Survey Qualify Produce Refer 2. 1. 3. 4. 5.


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Fred Yarur

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“Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty…”

  • T. Roosevelt
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1.

Acquire Qualify

2.

Estimate

3.

Sell

4.

Schedule Produce

5.

Survey Refer Repeat

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1.

Acquire Qualify

2.

Estimate

3.

Sell

4.

Schedule Produce

5.

Survey Refer Repeat

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Estimating is the lifeblood of a successful painting contractor. Preparing an ACCURATE estimate is the most important function that a painting contractor performs.

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  • 1. Identify all items and

surfaces to be finished

  • 2. Measure and count all items

and surfaces

  • 3. Calculate labor cost
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  • 4. Calculate material cost
  • 5. Identify additional costs
  • 6. Add overhead
  • 7. Add profit
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  • 1. Enhance adhesion
  • 2. Enhance appearance
  • 3. Protect non-painted

surfaces

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  • 1. Missing items in the scope
  • 2. Improper prep assessment
  • 3. Forgetting to protect

surfaces

  • 4. Ignoring factors that affect

labor and material

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  • 1. Reduce these errors
  • 2. Make them easier to find
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Ball park

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Ball park

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Estimating is using the history of past performance to predict future project costs.

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Ball park Market Pricing

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Market Pricing

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Ball park Market Pricing Fl0or Area

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Fl0or Area

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Fl0or Area

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Ball park Market Pricing Fl0or Area Labor Pricing

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Labor Pricing

5 days @ $300 / day = $1500 40 hours @ $50 / hour = $2000

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Ball park Market Pricing Fl0or Area Labor Pricing Unit Pricing

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Unit Pricing

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Unit Pricing

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  • 1. Identify all items and

surfaces to be finished

  • 2. Measure and count all items

and surfaces

  • 3. Calculate labor cost
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  • 4. Calculate material cost
  • 5. Identify additional costs
  • 6. Add overhead
  • 7. Add profit
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5080 SQFT / 400 SQFT/HR = 12.7 Hours

Production Rate: 400 SQFT/HR

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5080 SQFT / 325 SQFT/GA = 15.6 Gallons

Spread Rate: 325 SQFT/GA

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Rental: 2 Days @ $350 / day = $700

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13 hours x $20/hr = $260 Example: 80% overhead markup $260 x 1.8 = $468

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$468 + $700 rental + 16 gal @ $25/gal = $400 $468 + $700 + $400 = $1568 Example: 20% profit markup $1568 x 1.2 = $1881.60

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10 Rules of Estimating