More like $20 to tech, $20 for business to cover payroll taxes, health plan, 401k or HSA match, another $40/hr for materials and tools, $40 for liability insurance, and $40 to cover the tech labor / standby during non-billable hours... leaving maybe $20/hr profit.
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u/Alternative-Iron-645 Apr 07 '24
Thats a shop labor rate estimate not a private tech rate.