Most plumbers I talk to have no idea how to properly price their service and repair work. They usually pretend to be customers and call other plumbers in their area, find out what they charge per hour (the going rate) and set their prices accordingly. If you are like those who think undercutting the going rate by $5 or $10 an hour will bring you more business, you’ll eventually realize that’s just the going-broke rate.If you are basing your pricing on someone else’s hourly rate, ask yourself this: How did they come up with that number? Is it based on
