Plumbing Price

Getting some plumbing work done? I have been an Edmonton Plumber for the last 19 years, and the most common response I get from clients is “Why do plumbers charge so much?” This article is meant to explain for you why we as plumbers charge what we charge. Most of what I am writing about will be based on prices in Canada and with the Canadian dollar, but you will get the idea of where the costs of doing business comes from. I hope that after reading this you feel better paying a higher price then going with a low ball handyman that may not be in you and your families best interests at hand, and you may not want to be a diy plumber.

When I first started my Edmonton Plumbing company I failed miserably at the whole price objective thing. I needed work and would low ball other plumbers to get the jobs. Often the clients that did hire me were not the best clients, and many times they were the cheapest people in the city. Which means that they wanted the job for a low price and wanted all extras for free. This almost put my company into bankruptcy, which is not good for me, or for my clients.

In Edmonton the average plumber charges 150-185 to come to the door, then 85-92 per hour for every hour after that. If you have a very small job that only takes a half hour you could expect a bill for 192.50 to 231. This price is high, but for good reason. The employee that comes to your house gets paid for his or her time. As well as the costs for the van or truck to get there. The costs for the plumbing company for that half hour of work is as follows:

Plumber’s labour                   65.76

Other staff labour                  26.44

WCB                                      3.29

Employment Insurance            4.11

Vehicle                                 15.00

Guarantee                             46.00

Advertising                             8.00

Overhead                              30.12

Total                                   198.72

As you can see this leaves about 13.03 for profit. Can you see now that there is a lot more to running a business then what someone might think. Yes, there are some plumbers that work out of their homes, have no real advertising costs, and do everything for themselves. These companies might make more per billable hour, but they have a lot more non billable hours to work. For instance when I first started I worked about 45 billable hours per week, and about 20 non billable hours each week. Not counting any overhead if I charged 85 per hour for 45 hours but worked 65 hours then my real hourly rate was only 58.85. Which when you think about the fact that I could work for any plumbing company in the city and make between 41-47 per hour the risk reward ratio is not as high as what you may have thought. One other thing I have not mentioned is that there are many clients out there that rip off the people that work for them. These are called losses. 

After reading this you might think why would anyone want to do this? There is a lot of enjoyment that goes along with building your own company. And as you build you do make more money, plus when you are ready you can sell off the company for a capital gain.

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Using Resell Rights for Your Benefit

Utilizing Resell Rights as a way of making money is gaining in popularity. This is only one of the numerous new methods in internet marketing that can be used for your benefit. The main thing is utilizing Resell Rights for Your own benefit. Let me explain how this is done:

More than likely you have already decided upon a niche market you feel comfortable with. The increasing popularity of ebooks, as well as other digital products makes the idea of having Resell Rights to at least one digital product is very appealing. It’s not only from the fact that you can make money from the resale of these products, but also from the fact that they can add additional appeal to your business. People love to learn new stuff, and what better way to make your current customers happy than by giving them an ebook or other digital product on a subject that you already know they want more information on.

If you’re new to internet marketing you should look into Resell Rights as an option. Information products sell quickly in just about every business. And even if it isn’t the most reliable market research method, finding out about the most popular ebooks will give you an idea for the existing demand in the market in question. As you do this, you will also become familiar with what kinds of products are available in your area.

There are a variety of ways you can benefit from Resell Rights. Initially, you can make a profit by selling the product, and even the resell rights if you own them (some even wants you to offer private label rights). This works very well for most individuals, especially if you have gained access to a great product.

The next way having Resell Rights can benefit you is by helping you in establishing your business name with your customers. If you can provide useful products full of information to your customers, they will start seeing you as an expert in your field. If you give them the right to give your ebooks and digital products to their friends, the will even help you spread the word!

Lastly, reselling products can be a business in itself. Although there is definitely a lot of competition in this area, there is still a profit to be had. Keep in mind, however, that quality must come first. The competition in reselling digital items is fierce (to say the least), but you can definitely earn a name for yourself if you can offer a quality product.

Just remember – if you do nothing – you get nothing!

Seeking Your Success,

Anders Eriksson

Make Money Online Site Owner

Internet Marketing Consultant