There are many line items businesses forget to include when calculating their charge-out rates.
Running a profitable business should take into consideration all your business expenses, including every from employee costs, to insurances, fuel, accounting, marketing, general expenses and more.
MEA has developed a charge out rate calculator to help determine the recommended hourly rate for an electrician.
Join MEA today to gain access, along with a range of essential business advice; safety, industrial relations, technical, legal, electrical standards, and more.
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This is not legal advice or financial advice. Consult relevant experts for determining the appropriate variable amounts, such as accountants for depreciation rates/values, Employer Advice Team for worker entitlements etc.
Whether you’re starting your business, planning to take it to the next level or growing your team, Master Electricians can help guide your business journey.