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Careful Sunshine, you will start to see the purpose of having a minimum price.
Ahh. So it's theorerical rather than factual.
This is an interesting idea, I would be curious to find out the cost to service each of my jobs but how do I find out how many jobs I did over a period of time?Will George give me the information I need? I have looked but cant see how.
£64.40 is still more than an average days wage for most people
The results of the 2009 ASHE show that median weekly pay for full-time employees in the UK grew by 2.0 per cent in the year to April 2009 to reach £489. Median earnings of full-time male employees were £531 per week in April 2009; for women the median was £426.
Working out a price per job isn't really relevant. Because job prices vary, the cost per job ought to vary too. What you are really doing is comparing your turnover with your net profit. At the end of the year, you know your total income and your total expenses, you work out the percentage of expenses to total and that is the percentage each job costs you. i.e. job value £100, profit as a percentage of turnover 75%, job cost £25. Job value £10, same percentage, job cost £2.50