Wealthy Handyman System

Handyman Labor Rate Reality Calculator

Your hourly rate is not your wage. It is the number that pays you, covers the business, survives slow weeks, handles callbacks, and leaves profit behind.

Watch the lesson, then run your own numbers.

Add Bob's explainer video to this page in the WordPress editor. The calculator beside it updates live while the student changes their costs.

1. Start honest Include owner pay, taxes, software, insurance, tools, vehicle, and admin time.

2. Billable hours matter Most operators do not sell all 2,080 working hours. The calculator makes that visible.

3. Price for survival Break-even is not the goal. Sustainable rates include profit and reserves.

Choose a starting point

Presets fill the calculator with a realistic baseline. Every number stays editable.

Core Assumptions

Annual numbers unless noted

Owner Pay and Profit

Desired owner pay Target net profit Growth reserve Credit card processing

Billable Hours Reality

Work weeks per year Hours worked per week Billable efficiency

56%

Fixed Costs

The money that leaves anyway

Rent, storage, shop Liability insurance Auto insurance Phone, internet, website CRM and software Accounting, tax, legal Marketing Training and licenses Uniforms and PPE Admin, office, bank fees Warranty/callback reserve Bad debt reserve

Vehicle and Tools

Depreciation is a real bill

Vehicle payment/depreciation Vehicle maintenance Annual business miles Mileage rate Tool replacement reserve Dump fees and disposal

Employee Labor

Each tech adds labor cost and billable production hours to the model.

$0annual loaded labor cost

0employee billable hours/year

Reality Check

These are the numbers students need to feel.

0billable hours per year

$0overhead before owner pay

$0monthly cost to stay alive

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Prototype actions

Prototype source anchors

Default values are editable placeholders. The final course version should cite current figures and let Bob set presets for different markets.

IRS 2026 business mileage rate: 72.5 cents per mile.
BLS median wage reference for general maintenance and repair workers.
SBA guidance: separate one-time and ongoing business costs before estimating profitability.

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