LocksmithArmy wrote:can you provide a decent list of the prices of services...
like how much is:
opening a car
opening a house
cutting a key
kutting a high security key
re keying a lock
installing a door knob
installing a bolt lock
and just other services that an up and coming locksmith might want to include in his repertoire
Prices vary region to region. There are ways and means to determine prices and you should not base your prices on what others charge.
You need to take into consideration your annual costs, set up costs, ongoing marketing costs, tools, vehicles, maintenance etc. Work everything out based on a 5 year period.
Once you total your estimated costs over 5 years, divide that total into an annual amount. Then divide that total into a monthly amount. Then divide that total into a daily amount. Then divide that total into an hourly amount (based on an 8 hour day).
Suppose all your calculations indicate that in order to break even in 5 years, you are required to make $240 per day (8 hr period). That means that in order to break even over 5 years, you need to earn at least $30 per hour.
That is the absolute minimum takings you require to break even, after 5 years.
Lets say you want to make a profit of at least that same amount every day (after 5 years). That's $240 per day. You will need to be taking at least $60 per hour to earn that money.
One One was a race horse, one one won one race, one two was a racehorse, one two won one too.
Disclaimer: Do not pull tag off mattress. Not responsible for legal advice while laughing.
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