+1 on logo on the polo shirtif you dont have a local embbroiderer $20 from vistaprint and it arrives in your mail 10 days later.
I just wanted to follow up on this thread. Since I started this thread I've actually raised my prices 3 times. I'm still not where I want to be yet and I'm still getting more calls than I care to take. Going to hold prices for awhile and see if the calls continue to come in. Part of me still feels I need to prove myself a little more first.
Using the rules of economics, if you're getting more calls than you can handle, raise your prices NOW. You're leaving money on the table that you can never get back if you're undercharging for your services.
One thing I have done is added fees for travel time and "wait" times. I did a show last week that was 2 hrs away and there was a 3.5 hr window between load in and performance time, due to wedding ceremony on the same grounds scheduling. We actually were set up and had sound check down in an hour even though band had allowed a 1 hr load in and 1.5 hr for sound check.
The band came out and told us after sound check they would have easily paid another $100( they were quoted a price under my old pricing). They also said at the end of the night that I was definitely one of the top 5 sound guys they've ever worked with. This is a fulltime traveling band so that meant a lot. They ended up giving us a $50 tip which I split with my helper. Since I'm trying to treat this like a business I've taken the approach that the help gets paid first whenever possible at least until I can give him a decent hourly rate so at the lower prices I've been going out on I've been splitting 60-40 with my helper( he gets the 40).At the end of the day(after tip) he got $140 and I got $200 for a 12 hr day. I also spent $50 in gas and tolls (out of my pocket) so I ended up with only $150. That really hit home. If another company asked me to come work a 12 hr day for them for that I would have told them to pound sand. I actually had a call from a local label offering me a "full time" position doing FOH their shows for $100 a show and they wanted me to use my gear. I told the guy I wouldn't back out of my driveway for that but reality is I wasn't that far away from that money on this job.
I have a spreadsheet to price work.
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