Dear Colleagues,
I realize i am weighing in on this topic a couple of days late.
However, as a professional 'smith, I would like to throw in
my humble opinion.
I have been in business, successfully, for 19 years, because I
am not afraid to charge for my work.
The hourly rate depends on the area the shop is in. I'm in
Los Angeles, which is all know is an expensive city.
I'm among the highest priced, because I offer full machine
shop service. I charge $25 a hole to drill and tap.
If possible, I do your job in a vertical mill, and get your holes
square and located where they are supposed to be.
My hourly shop rate varies from $175/ hr to $250/hr.
Don't faint. It's how much i need to charge IN LOS ANGELES
to keep the doors open and the lights on.
I have a $25 min for any machine work. Jobs that require
building tooling, and welding, and finish machine work,
get the higher rate.
Jobs that we do day-in day-out like barreling bolt action
rifles, have a per-job price rather than a hourly rate.
Adding a job to the production schedule, is far easier than
building tooling and fixtures for a "this'll just take you a
minute" job that takes 2 days.
My friends know that we will trade work for work. If they
don't have a skill or service that I need, I either put them to
work at the shop, or they buy me supplies and consumables
up to the agreed amount. It works. Some of them learn shop
skills this way.
Customers i don't know, pay per schedule, and so do the
agencies we work for.
Up front I tell them: I'm backordered a year on the sniper
rifles, and at least several weeks to a couple of months for
everything else. Helps to control the ones out for cheap
work, fast.
I guarantee my work for 90 days.
I'm not trying to brag, but to show, that charging for your
skills and tool collection is fair business, especially if your
work is good, and you are honest and competent.
Phil