Episode 1199 – Top 5 Countdown: How to Bid a Cleaning Job
The Ultimate Guide to Bidding a Cleaning Job
Don’t Price Too Low—Ever
Bidding In Person: A Smart Move
Understanding Pain, Not Price
How to Calculate Your Bid: The Hard Numbers
Now that you understand the importance of setting the right price, Mike walks listeners through the actual process of calculating a bid. It starts with determining how many hours it will take to complete the job, factoring in your average hourly pay, and adding in employee-related costs like workers’ compensation. Once you have your total cost, you can divide it by your desired cost of goods sold (COGS)—usually 45% for residential and 50% for commercial cleaning businesses. From there, you can confidently quote a price that ensures you’re profitable while offering the best value to your clients.
By following these steps, you can stop guessing at prices and start bidding with confidence. Whether you’re just starting or looking to refine your approach, Mike’s insights will help you win more bids and grow your cleaning business.