Journeyman carpenter charge rate
8/30/2016 at 4:50 PM
I am a journeyman carpenter and am thinking of striking out on my own, but don't know what to charge. What I do know is you have to charge more than you expect to make. With deductions, overhead, insurance, profit and tools. It all tacks on quite a bit. Does anyone know, and can anyone tell me what the going chars rate per hour for a journeyman carpenter. If a company charges out on a flat man hour rate it is going to be much lower, because they have a labourer or two at half, an apprentice at 60-90% and a journey man at full, which averages out much lower, but with me, you get an all journeyman crew, albeit just one guy.
I plan of focusing on the jobs that are too small to be bothered with by the home builders and bigger carpentry guys, and I am a very well rounded carpenter, so stuff like concrete under 200 sf, decks, steps, basement finishing, kitchen install, the like.
I would like to have an apprentice of my own, and maybe some summer labourers, but that is once I get to the point I can show I can employ myself.
I think there is an underserved market in between the house builders and the handymen.
Let me know what you think.
Thanks.