Overhead?

JKS

Ca based painting buisiness just starting out, Any ideas in what is the normal percentage for overhead....Is 10% the normal? Want to remain competitive

George Z

There is not a normal percentage.
How much would you advertise?
New, used vehicle(s)
Office space or not?
Phones, fax, insurance, internet, etc.
Uniforms, training, memberships, equipment maintenance,
disposal expenses, storage, bookkeeping, accounting, legal etc.

How many people would you need to spread this over?
Despite what most people think, a smaller company has bigger overhead per hour
A large company can be spread overhead over many manhours.

In other words there is no magic answer, keep working on it, you will get there.

__________________
Toronto Painters Commercial Painting Commercial Painting Toronto Toronto Office Painters
Painting Toronto Blog

jensenconstruction

JKS, check out this book it will help you figure out what your overhead % is based on your numbers or proposed numbers for the year
http://www.markupandprofit.com/books_mark.html

hope this helps. where in CA are you located?