Have you ever been asked this question...
Whether this question came from your client or your contractor, being able to answer this question accurately is extremely important if you want them to be happy.
But there's another person who can benefit greatly from knowing how to accurately predict how long a project will take you to finish... and that's YOU!
Because as you'll soon discovery in this week's Tips & Tricks video, the key revolves around knowing your PRODUCTION NUMBERS. And knowing what those are, is also the easiest way for you to improve your efficiency... which leads to more money in your pocket!
To be able to give an ACCURATE Painting Estimate, you'll need to uncover the following 2 things:
When I say NUMBERS, this mostly means the square footage of the area to be painted. Since once you have this number, you can then figure out how much paint and labor hours will be needed.
The VARIABLES will also need to be factored in since those could make a BIG DIFFERENCE in both the labor hours and the paint that will be required to complete the project.
Let's say you have 2 identical houses. Both have the exact same square footage. The first house has 1 color for all of the walls... and the second one has 10 different colors with multiple rooms having 2 different colors in them.
The variable in this example is the number of colors. And this will have a BIG impact on both the number of gallons of paint AND the number of labor hours that will be needed to complete this project
Let's say you have the same 2 houses....
There are so many benefits to being CONSISTENT when Estimating a Painting Project.
But for this week's video, I am focusing on 3 KEY REASONS.
Each one of those reasons benefits a different individual:
Full ESTIMATING Course:
While I'm not a big fan of estimating painting projects on a per square foot basis, it's still good to understand the logic behind this system. In this week's video, I share with you the industry standards I was thought early in my career and the reason why I'm not a fan of it.
Normal: 200 sq/ft/hr to cut and roll
Hard: 100 sq/ft/hr to cut and roll
Easy: 400 sq/ft/hr to roll (no cutting)
2nd Coat: 60% of the first coat
RECOMMENDED TRAINING PROGRAM -> ESTIMATING
My clients reaction, after she received 3 COMPLETELY DIFFERENT Prices to paint her home, really opened my eyes to a problem in the Painting Industry that I have since then tried to fix (or at least improve).
In this weeks video, I talk about the 3 REASONS why prices can have such a big gap so that all parties involved can be better informed and ask more questions to get to the bottom of the TRUE VALUE of each offering. Because in the Contracting world, the most expensive is not always the best (and the cheapest is not always the worst).
If you would like to learn how to properly estimate Painting Projects, be sure to check our our ESTIMATING Training Program.