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Business Tips – Pricing Difficult Jobs

April 15, 2009 by admin  
Filed under Articles

If you need to put in quotes and prices for work then you will at times come across some jobs that you know are going to be very difficult, and you may be concerned that they will be more trouble than they are worth.

The chances are that all of the competing businesses bidding for this work will be having similar reservations, and so you will need to think very carefully about how your approach pricing this job so that you make a profit if any problems come up during the work that could lead to delays.  Here are just a few tips for pricing difficult jobs:
·    Price High – if you are not sure whether or not you do actually want to take on this work it is a much better idea to price your quote high and take a chance on not getting it, rather than not putting in a quote at all, as this could discourage the contractor from sending you jobs for pricing in the future.
·    Buffer Zone – if you are concerned the job may have serious technical difficulties that could lead to delays then make sure you have added a buffer zone in the price, which can be used to cover any extra work that needs doing that wasn’t originally quoted for, and this will save you from being out of pocket.

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