Full Version: Who is right ... me or hubby???

From: Stunt Engraver (DGL) [#19]
 21 Apr 2007
To: Cody (BOBTNAILER) [#18] 21 Apr 2007

Cody,

I talked to the owner of the shop I mentioned yesterday. I have some work to deliver next week and I'll ask if the "If you can't beat 'em, hire 'em" approach worked out.

Could be the way to go, for the budget-conscious crowd, as long as you provide the marking of the plates.

From: PenMan [#20]
 21 Apr 2007
To: joyce (JLADY) [#10] 22 Apr 2007

Everyone here knew you were right too. But, now you have to do them for $1 but be sure they know that it won't happen again.

From: geebeau [#21]
 21 Apr 2007
To: joyce (JLADY) [#1] 22 Apr 2007

What would the charge per trophy have been complete? If you're selling a completed participation trophy for, let's say, $4.00, it might be kind of hard to justify charging a lot for just the plate.
However, as someone had said, it's not a take-out menu, and it IS a proven fact that the individual car parts are more expensive than the completed car itself, so I'm guessing that charging a goodly sum is not out of line.

This got me re-thinking MY pricing structure on plates for customers' trophies as well. There's a definite increase coming on my part.

Thanks, all, for opening my eyes as well.

Steve

From: UncleSteve [#22]
 21 Apr 2007
To: geebeau [#21] 21 Apr 2007

Steve, I see this as a material vs labor situation.

To quote a commercial, "even a cave man can do it" when it comes to assembling the small trophies... and in just a minute or two for many of them (they come already assembled.. :B )

The time and charges are for setting the "type", proofreading, setting up the plate and engraving the plate. Haven't found a cave man that can do it yet, but I did meet a few members at the Atlantic City ARA show and..... well, that's another post. (devil)

EDITED: 21 Apr 2007 by UNCLESTEVE

From: geebeau [#23]
 21 Apr 2007
To: UncleSteve [#22] 21 Apr 2007

well put, "neighbor"..
(Actually, I had worked in Yonkers for 30 years, so more "neighbor" than now.

Steve

From: Gary (GLSHOE) [#24]
 21 Apr 2007
To: UncleSteve [#22] 21 Apr 2007

Now I gotta go back to my therapist. :P

From: Doc (GREAT_ATLANTIC) [#25]
 21 Apr 2007
To: Dave Jones (DAVERJ) [#16] 22 Apr 2007

quote:
If you don't do them for free as a donation, at least fill in the invoice with $6 or $8 each and then show a discount on the invoice to get them down to the $1 each, but be sure to mark it as a one time discount/donation.
Outstanding advice, Dave! I particularly like the "donation" angle. Let me take it one step further...if the organization is a 501C3, Joyce might actually be able to write off the difference as a charitable contribution. Not sure if this is possible tax-wise, but might be worth a check.

EDITED: 21 Apr 2007 by GREAT_ATLANTIC

From: ACJ (LADYCUTTER) [#26]
 24 Apr 2007
To: ALL

My first estimate for a memory wall of corian bricks was seriously underpriced and I chalked it up to learning expense. I asked my accountant if I could write it off the engraving as a donation and was told that I could not, unless I paid someone else to do it. Since I don't pay myself a salary it is not considered a true cost.

However, because of other factors I recently reworked the current invoice to show the difference between what I should have charged and what I am charging as a discount. The bottom line is the same, but it shows the customer why I am not giving a lower charge on the non-engraved blanks that they need for fill.

I think by listing it this way I can write it off as a discount expense. Still have to check on that with my accountant.

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