You must understand your overhead burden and work that number into your labor rate.
In other words, what does it cost you to run your business for one day or even one hour?
My first job was working on weekends for a college buddy. We stuffed our tools, plants, bags of soil or mulch, and anything else we needed into our two cars and we made it work. ” We were strong, we were eager, we were happy and it didn't matter that we didn't have the tools and equipment that the bigger companies had. In fact, we were often chosen because we cost less than the “big-guys.” AND, we also had a niche! We still had so much ahead of us, so much to learn.
My second job was working for a gifted perennial gardener who was self-employed. We were operating 100% on our eagerness to learn and to do right by our clients. Often, we had the clients buy the materials outright.
It goes without saying that it costs a lot of money to build or renovate a landscape.
To get a job done you have to spend money upfront to get all the products you will need to actually build that landscape.
What to charge your clients for your time is always a tricky subject.
If you've been working for another landscape company for a year, or maybe even for 10 years, then you know what you’ve been getting paid as a worker for each hour you work.
Guess if you have to, but include a number for taxes!
All of these costs need to be annualized -- what it costs for a whole year - even if you only work 8 months.