Date: 2009-06-03
As shops battle tough competition on price in the down economy, participation in our annual Pricing Survey becomes even more important.
Kitchen quandary - This kitchen project earned a wide range of prices in last year's CabinetMaker Small Shop Pricing Survey.
With pricing pressure at its maximum in the current down economy, shops need every tool at their disposal to achieve accurate and profitable pricing. One of the best such tools is CabinetMaker's annual Small Shop Pricing Survey.
For more than a decade, the survey has been helping shop owners see some of the common pitfalls that lead to widely ranging prices throughout the industry.
The survey begins with a selection of real projects done by real shops. We send bidding specifications for those projects to volunteer bidders in shops all across North America. They price the jobs and we print the itemized results in our October issue showing breakdowns for materials, shop rates, and production time.
Many shop owners report that taking part in the survey helps them fine-tune their pricing and estimating procedures. Often shops request the bidding materials after the survey runs in the magazine so they can compare their results.
The more participation by shops, the more value and validity the survey has. Identities of all shops that participate are kept confidential.
To obtain a bid package for this year's pricing survey, simply send us your name, address and phone number, plus some information about what kind of work your shop does. We'll mail you a bid package.
Or, even easier, you can download the bidding information coming soon to CabinetMaker online.
All bids must be turned in by August 18 to be included in the published pricing survey.
Updated: Jul 01, 2010
This article appeared in CabinetMaker, June 2009. ©Copyright 2010, All Rights Reserved.