- Sat Oct 01, 2022 3:11 pm
#15647
I've been sewing things together for 30 odd years. Mostly as a hobby but I have worked in shops many years ago as a regular job. I've been working with marine canvas stuff for almost 10 years. The last several years I have had more and more "can you fix/make this for me?" from friends and referrals around the marina to the point where I have recently taken the step of formally "going into business".
I'm generally pretty good with the making and repairing of things though I'm always looking for new or better techniques.
My questions are coming on the business side of things.
Some of these things I may need to discuss with my accountant but I'll start here.
I can easily keep track of my material costs and time spent on the work. If I'm repairing an existing item like replacing windows in a dodger, I've charged time and material as separate line items since in my state labor is not taxed i.e.: - My cost of materials and any markup as -$xxx + %% tax for a materials subtotal and a labor charge and any applicable trip/delivery charge added for a total bill.
However, if I make a new thing like a grill cover would I bill as a time and material charge with taxes only on material or as a single item with taxes for the total cost?
Along those lines -
When I'm working a project I keep track of all my materials and my cost. Do you folks provide customers with a detailed invoice of all materials used such as X number of snaps, XX yards of fabric, XX feet of strap... or do you just lump sum the "materials"?
Thanks
I'm generally pretty good with the making and repairing of things though I'm always looking for new or better techniques.
My questions are coming on the business side of things.
Some of these things I may need to discuss with my accountant but I'll start here.
I can easily keep track of my material costs and time spent on the work. If I'm repairing an existing item like replacing windows in a dodger, I've charged time and material as separate line items since in my state labor is not taxed i.e.: - My cost of materials and any markup as -$xxx + %% tax for a materials subtotal and a labor charge and any applicable trip/delivery charge added for a total bill.
However, if I make a new thing like a grill cover would I bill as a time and material charge with taxes only on material or as a single item with taxes for the total cost?
Along those lines -
When I'm working a project I keep track of all my materials and my cost. Do you folks provide customers with a detailed invoice of all materials used such as X number of snaps, XX yards of fabric, XX feet of strap... or do you just lump sum the "materials"?
Thanks