Mike Dolt Enterprises
Mike Dolt Enterprises
User: Strife, Location: Chapel Hill, NC
Asked on: Monday, May 2, 2011 at 3:17 pm EDT
Answered on: Tuesday, May 14, 2024 at 4:52 am EDT
Question: I'd like to know how many of you are considering raising the rates for service calls in particular (and/or all rates in general) due to gas prices?With gas going over $ 4.00/gallon down here, my vans are becoming real fast my highest expense.And is not only the price of gas, it's also the time it takes to fill up. With most gas stations having a limit of $ 75.00 per transactions (on cards), I have to fill them up 2-3 times a week, VS 1-1.5 when gas was $2.00/gallon or so.
I'm considering raising my rates for service calls due to the rising gas prices. Gas is now over $4.00/gallon in my area, and it's taking a big bite out of my profits. I'm also considering raising my rates for all services, not just service calls. The rising cost of gas is just one of many factors that are putting pressure on my business, and I need to adjust my rates accordingly in order to stay afloat.I'm not the only one who is considering raising rates. According to a recent survey by the National Association of Home Builders, 82% of contractors are planning to raise their rates this year. The survey also found that 57% of contractors have already raised their rates in response to the rising cost of gas.If you're considering raising your rates, I encourage you to do your research and talk to other contractors in your area. You need to make sure that you're charging a fair price for your services, but you also need to make sure that you're covering your costs and making a profit. Flag for review