This section of the forum is for discussing the business and finance issues of the t-shirt industry. Which business structure to use (sole proprietor, LLC, S Corp, etc), how to handle billing, where to register your business and get the proper licensing, etc.
I'm wondering if I'm in the right ballpark with a potential job.
I've got a job that's 250 t-shirts with 3 colors on the front and one color on the back. It should take 4 screens.
After crunching numbers using my Excel quote estimator, it looks like the job would be around $1,600 (assuming I can get the shirts at $2.50 a piece - customer hasn't made a choice yet).
Do you know what your bottom line mark up is to stay in business and make a living at it? if so, add that to your cost and even a little more if you can.
It's a 3-1/2 to 4 hour job on an auto. Charging 6.50/pc = 250-300.00/hr profit @ 1600.00 for the job, 1000.00 profit. That ain't bad money. I'd love to do that all day every day.
On a manual, the math would work different, but I don't see how anybody could not make money at 6.50/pc. JMHO.
Looks good to me. How's it look to you? If you know you're costs and volume and overhead, you'll know whether it's good or not.
That's just it. This is my first year, so I went by budget numbers. I also don't like it when customers say they can't afford it. They don't tell me if they're going to someone else or not doing it.
Our price would be about $1372 (includes screens, colored Gildan 2000, & printing)
Profit for this job would be about $752.
But it seems our prices are too low?!?! lol
I'm using a 10% M/U for shirts and a 10% M/U on the total cost. I also am including cost for 10% mistake rate. Maybe you're not too low for where you are. Thanks for the input!
I think that you are right on with the price. The only thing I thought was that you should be able to find shirts cheaper than $2.50.
I think so, too. I was working the numbers before the customer gave me their choice for shirts off my online catalog. More than likely, it will be in the $1.50 to $1.90 range.
Does This Seem Like a Reasonable Quote? 
Re: Does This Seem Like a Reasonable Quote? 
....kiddin'
