The total service fee is the price you should charge for this service. The current fee you charge for this service is reflected in the current charge. The difference will show whether you have guessed right or wrong on your fees based on the profit you want to achieve.

Any charge for equipment used on the job or service should be seen as additional income over and above the desired profit. Each equipment charge can be broken down into a replacement charge, a supply and maintenance charge, and profit. An account should be set up to receive the replacement charge for equipment. This account will build up funds for future equipment purchases. The supply and maintenance charge will offset the overhead incurred and will lower your overhead. Any return on investment or profit placed on maintenance and supplies should be regarded as additional income over and above the desired profit.

Any charge for inventory used on the job or service will offset the cost of inventory purchased. Any markup placed on inventory should be seen as additional income over and above the desired profit.

Any charge for outside services used on the job or service will offset the charge for the outside service. Any markup placed on the outside service should be seen as additional income over and above the desired profit.

Profit solver will project prices based on any desired profit. When the desired profit is changed, the percentages will change that apply to the employee charge. If profit is changed to 14% then these percents will be applied to employee charge.