Halfpint Posted September 6, 2017 Report Share Posted September 6, 2017 I am new to quilting and recently completed a crown royal quilt. I had to cut 131 crown royal bags before I could then cut them into squares, plus cut other material into squares to make the finished quilt with binding 76.5 x 76. I have $150.42 into materials and longarm quilting. I am just not sure how to price the labor. I have read different ways; per square inch, per hour, 3x material cost, etc. I don't want to overcharge, but don't want to undercharge either. I am thinking $250 to $300. Your help is greatly appreciated Link to comment Share on other sites More sharing options...
Cagey Posted September 6, 2017 Report Share Posted September 6, 2017 As you are now a business owner, I believe you have to value your time. If you were to hire an employee, you would have to pay them minimum wage. Thus I believe you take that dollar figure, and multiply it by the amount of time you worked on the quilt. Every second you worked has to go into that calculation. That is the minimum price you sale the quilt for in my opinion. Since you are the business owner, I believe you have to charge even more than minimum wage as you have to pay for both portions of the social security taxes, your business license/insurance/etc., your machine/upkeep, etc.. Thus I believe your bottom income wage is double the minimum wage for your location. Charging less I believe transforms you from a business owner to a hobby owner. As you are just starting out, you can charge less, and then slowly increase your hourly rate as your skill set improves. I did a global search on the forum for "hourly charge", and found these discussions on the subject; http://forum.apqs.com/topic/41556-pricing-for-quilt-sleeve/#comment-541092 http://forum.apqs.com/topic/40902-puggles-quilt-is-finished-and-i-got-paid/#comment-534595 http://forum.apqs.com/topic/40404-perparing-a-backing/#comment-530431 http://forum.apqs.com/topic/36043-quilting-price-comparison/#comment-497844 http://forum.apqs.com/topic/36678-small-projecttable-runner-rate/#comment-503701 http://forum.apqs.com/topic/34011-underpaid/#comment-477670 Linda (ffq-lar) has great input in this one as you are just learning your business. Do your own search using different words, and you will probably find even more answers to your question. I wish you the best of luck in making your decision as what to charge. Cagey Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.