How much should i charge money for this?

Question

im starting a buisness and we are doing the following and tell me how much we should charge for each one.

1.Mowing their lawn.

2.Washing their Car.

3.Cleaning pools

4. Cleaning house

Answer 1

It really all depends on your costs.

A really simple model to use is called the cost-plus pricing model.

Essentially you identify all your costs, and add a margin that you want to it.

For example, if you have to pay someone $7 an hour to cut a lawn (and it takes an hour), and there is $2 in gas expenses, $1 in machine maintenance per lawn, and you require a 20% pretax return, you should charge ($7+2+1)*20%, or $12 to cut the lawn.

You are also limited by what your competition is charging, so keep that in mind as well.

Good luck.