Putting Your Business On The Map
Teaching small business owners and organization leaders in surveying and GIS.
Putting Your Business On The Map
Episode #10: Calculating The Hourly Rates For Your Surveying And Mapping Business
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Landon Blake
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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:
- Direct labor (wages).
- Fringe benefits.
- Overhead costs.
- Profit.
He also shares some quick examples of how to calculate your fringe benefit costs and overhead costs on an hourly basis.