
Season 5 Chapter 3 – The Job Cost
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Zivi Kivi is the founder of Balloon Artist College. In this chapter you will learn:
- The 5 steps of the Job Cost Form
- How to use the Job Cost Form as a MARKETING tool
- Why you can’t charge people for whole bags of balloon but just on how much you actually use
- How much to charge for labor
- How to bootstrap your decor business with limited designs / colors / shapes
- What pricing systems do to your balloon business
- Why we LOVE price tags how to leverage that as Balloon Artists
- The formula: ((Balloon cost + Direct Expenses + (hours of work * salary per hour)) / (1 – (indirect Expense percantage / 100))) * (Profit precantage/100)
- Example: ((10+30+30)/0.7)*1.2 = 120 meaning $10 of balloons for one hour will cost the customer $120
Where you can learn more about Zivi Kivi:
https://www.facebook.com/zivikivi
Chapter Tip: appointlet.com