T&TTool & TallyBusiness calculators for service owners

Free business calculator

Minimum Job Price Calculator

Find the lowest job price that covers labor, materials, travel, overhead, and your target margin before a small job quietly becomes a loss.

Use the calculatorJob Profit Margin Calculator

Tool & Tally calculators are for general business planning and estimating; they are not tax, legal, payroll, financial, or accounting advice. No guaranteed revenue, profit, leads, bookings, sales, rankings, or ROI.

Minimum quote check

Enter the cost pieces that need to be covered.

Formula and assumptions

How the calculator works

Total Cost = Labor Hours × Loaded Labor Rate + Materials + Subs + Equipment + Travel + Allocated Overhead Price = Total Cost / (1 - Target Margin) Minimum Job Price = higher of Required Price or Current Minimum Service Charge Profit = Minimum Job Price - Total Cost

Use a loaded labor rate that includes wages, taxes, benefits, and non-billable time when possible.

Common mistakes this catches

  • Letting minimum service calls cover labor but not overhead.
  • Ignoring drive time, setup, cleanup, and admin time.
  • Using wage rate instead of loaded labor rate.
  • Forgetting that a target margin is measured against price, not cost.

Next useful calculators

Business Number Path

Your next number: labor and overhead

If the price floor feels high or low, check loaded labor and monthly overhead before changing the quote.

This keeps the free tools connected as an owner workflow: price → margin/markup → labor/overhead → follow-up → cash pressure → Business Health Quick check.