Service Price Calculator

Description

This template breaks down pricing into logical sections: labor costs, overhead expenses, transaction fees, material costs, and profit. Users input job-specific data such as number of hours, hourly rates, number of workers, monthly operating expenses, and payment processing fees. The template supports three profit calculation types—Fixed Dollar, Margin %, and Markup %—and incorporates dynamic tax and fee logic.

Final outputs include the total cost, total profit, and final customer-facing price. A pair of visual badges highlights the calculated Profit and Price, helping teams quickly understand financial outcomes and quote accurately.

Key Data Stored

• Job Details – Name, hours to complete, number of workers, average hourly rate
• Labor Costs – Auto-calculated based on hours, workers, and rates
• Overhead Costs – Allocated based on monthly operating expenses and average working hours
• Transaction Fees – Configurable via percentage and fixed fee inputs
• Material Costs – Direct inputs for job-specific material expenses
• Profit Logic – Supports Fixed ($), Margin (%), or Markup (%) profit strategies
• Tax Settings – Configurable sales tax percentage
• Final Price and Profit – Automatically calculated outputs with visual formatting
• Price Badge – Displays final price based on cost + profit + tax + transaction costs
• Profit Badge – Highlights total profit derived from pricing logic

Business Use Cases

• Service Quoting – Standardize quotes for services based on real cost and desired margin
• Operations Planning – Determine service cost structure for budgeting and profitability analysis
• Sales Support – Enable reps to generate accurate price estimates on-the-fly
• Contractor & Freelance Work – Tailor pricing based on effort, tools, and profit goals
• Invoicing Backup – Provide cost breakdown transparency when billing clients

Why This Template is Powerful

• Highly Customizable – Adapts to various service models with flexible inputs and pricing logic
• Profit Control – Lets users choose between different pricing strategies for full margin control
• All-Inclusive Calculation – Incorporates every major cost factor into a single quote
• Visual Output – Uses badges for easy review and export-ready format
• Efficiency Booster – Reduces manual pricing errors and standardizes cost-based decision-making

This template empowers service teams to quote with confidence, manage profitability effectively, and present professional, data-driven pricing to clients and internal stakeholders alike.