Thread: Painters Wages?
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Old 01-29-2023, 08:47 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Great information for how to set a rate / quote for work.

Now, for the expense part of his living here,

how much is his rent and transportation costs and food costs per day. .
figure profit per day when working. . .

the downside is that you won't get a full 8 hour job every day, if you get a 12 hour job,
that means 1/2 day for a small job located nearby or less income to cover expenses.

So then figure starting out, 60-70% of days per month are full income days. .
and in there is quoting time with potential customers, and finishing jobs on weekends,
or doing jobs on weekends, or quoting jobs on weekends.. .

So planning this move and how to support living expense cash flow might require working for an existing company to get more immediate cash flow, or start with a good 6 months or more of living expense savings to cover the start up and advertising costs

This is my corporate finance modeling for a successful execution view on not if the move will or won't be profitable, but about the MVP, minimum viable plan, to make it work. Whether the individual can execute is up to them and their skill set.