Quoting Job Shop Work: Charge for Custom Tooling?
We had a viewer ask if it's OK to add in the cost of tooling he did not already own. It's a common situation for all shop owners and in this video, we talk about some of the ways we think about quoting jobs, adding in costs for custom tooling, other one-off costs, and creative ways to think about maximizing your shop profitabilit!
00:00 Intro
01:07 Starting up your shop
01:45 Take it to the EXTREME
02:30 What is it worth to customer?
04:10 Storing Custom Tools is hard!
05:50 Tool Extensions
06:41 Residual Value
08:20 Do you NEED the custom tool?
10:20 What are you SELLING?
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Links for this video
How We Quote: • How I Quote CNC Machining and Machine Shop...
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