What to charge??

[FUBAR62172]

Hey Guys
I have a small part time machine shop in my home garage located in New England. I have a CNC bridgeport,manual lathe,surface grinder,welders and the misc shop stuff.I mainly machine prototype and custom parts. I'm trying to decide if I should try and come up with a houly shop rate or just charge per part.Thanks for any information

Mike

[CohaganEng]

Calculate your overhead...Rent/Heat/Electric/ Cutting tools etc and then guess what You want to make per hour ($15 an hour/ $20, etc) Than add them up and multiply them by the time you estimate for the job... Then you have a quote you can submit to the customer and don't forget to include delivery lead time.

Thanks
Brent
CNC Machine Shop at Cohagan Engineering

[JimBoyce]

Get what the market will pay. Based on your equipment and the skill needed to run them, you should get at least $30.00 per hour.