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Cattle Boards
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Custom baling square bales
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<blockquote data-quote="Running Arrow Bill" data-source="post: 424145" data-attributes="member: 9"><p>A "business" formula:</p><p></p><ul> <li data-xf-list-type="ul">1. Cost of equipment / Years (or hours) of life = Hourly or daily rate.<br /> 2. Add to "rate" the proportional maintenance costs.<br /> 3. Add to #2 & #3 the cost of fuel for the operation.<br /> 4. Add to the above the going rate for labor to run equipment.<br /> 5. Add to the above the proportional insurance for equipment.<br /> 6. Add to the above bailing wire, twine, or net wrap.<br /> 7. Add to the above your indirect and direct "overhead" costs.<br /> <br /> Thus,<br /> <br /> #1 + 2 + 3 + 4 + 5 + 6 + #7 + % of Profit you want = per bale or per acre Selling Price of the job.<br /> </li> </ul><p></p><p>Your "Break-Even" cost is # 1 through #6. Selling a job for anything less than that...you're losing money and working for free. Your "ultimate" break-even cost is #1 thru #7.</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 424145, member: 9"] A "business" formula: [list]1. Cost of equipment / Years (or hours) of life = Hourly or daily rate. 2. Add to "rate" the proportional maintenance costs. 3. Add to #2 & #3 the cost of fuel for the operation. 4. Add to the above the going rate for labor to run equipment. 5. Add to the above the proportional insurance for equipment. 6. Add to the above bailing wire, twine, or net wrap. 7. Add to the above your indirect and direct "overhead" costs. Thus, #1 + 2 + 3 + 4 + 5 + 6 + #7 + % of Profit you want = per bale or per acre Selling Price of the job. [/list] Your "Break-Even" cost is # 1 through #6. Selling a job for anything less than that...you're losing money and working for free. Your "ultimate" break-even cost is #1 thru #7. [/QUOTE]
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