Putting Your Business On The Map

Episode #10: Calculating The Hourly Rates For Your Surveying And Mapping Business

March 10, 2024 Landon Blake
Episode #10: Calculating The Hourly Rates For Your Surveying And Mapping Business
Putting Your Business On The Map
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Putting Your Business On The Map
Episode #10: Calculating The Hourly Rates For Your Surveying And Mapping Business
Mar 10, 2024
Landon Blake

In this episode, its all about the money baby! Landon teaches you how to calculate hourly rates for a surveying and mapping business. This includes explaining the four (4) components of an hourly rate:

  1. Direct labor (wages).
  2. Fringe benefits.
  3. Overhead costs.
  4. Profit.

He also shares some quick examples of how to calculate your fringe benefit costs and overhead costs on an hourly basis.

Show Notes

In this episode, its all about the money baby! Landon teaches you how to calculate hourly rates for a surveying and mapping business. This includes explaining the four (4) components of an hourly rate:

  1. Direct labor (wages).
  2. Fringe benefits.
  3. Overhead costs.
  4. Profit.

He also shares some quick examples of how to calculate your fringe benefit costs and overhead costs on an hourly basis.