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Customers highly need your professional vehicle repair or house repair services on a daily basis. Customers will consult you and ask for an appraisal for the possible repair costs. In this case, having an estimate template on hand will allow you to clearly and efficiently provide your potential client with the cost estimate. Our ready-made Repair Estimate Templates in Microsoft Word guarantees that you have a professional, comprehensive, and customized estimate to give out to your customers. These templates are also available in other file formats, printable, and digitally shareable. Use our templates today to ensure you have an estimate sheet customized to your brand and services.
According to the North American Industry Classification System, the repair and maintenance subsector includes the following industry groups: Automotive Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Commercial and Industrial Machinery and Equipment (except automotive and electronic) Repair and Maintenance, and Personal and Household Goods Repair and Maintenance. In such a competitive industry, you always need to stand out. Aside from your services, you need to be efficient in communicating with your customers, and that includes your estimates.
Below, you will find some tricks that you can use when creating a repair estimate in Microsoft Word.
Like an invoice template, you will need to use a clear outline and format for your estimate. Numbers can overwhelm the sheet, which can be confusing to look at. Hence, you should always aim to achieve a comprehensive appearance for your sheet. You can use dividers, tables, boxes, etc. so that you can organize details neatly and separate them accordingly.
Aside from the price for the services, you need to provide the descriptions for the procedure of the repair. By providing clear and succinct descriptions, customers can easily understand the repair process and what makes each step essential. In the same light, you can also provide descriptions for the needed materials, especially if you're using item codes.
The key to a clear estimate is itemizing the required materials, services, processes, etc. Using a table will allow you to put the items in one column with their descriptions and corresponding prices on the other columns. Doing so ensures that you achieve clarity and comprehensiveness in your estimate.
Your estimate is part of your business documents; hence, branding should always be present. Make sure to highlight your company name, address, and contact information on the topmost part of the sheet. You should also include your business logo. For credibility purposes, the name of the person giving the estimate should be present on the bottom part of the estimate.
The following are the types of estimates:
1. Preliminary estimate – Also called as rough or approximate estimates; a ballpark estimate of the costs generated before the commencement of the project.
2. Detailed estimate – A detailed estimate is a continuation of the preliminary estimate and is generated when there is more information about the requirements of the project. It includes a breakdown of the details about quantities, costs and rates, and so on.
3. Quantity estimate – This estimate lists the quantity of each material for the project. The price of each material is also present to provide the client with an overview of the potential project cost.
4. Bid estimate – A bid estimate is submitted to a client to win a project. Commonly, this is based on the contractor's prior estimations. The main goal is to provide an affordable price to outbid competitors.
Estimating is an efficient way to provide clients with the costs for a project. This allows the client to set up a budget or determine how to work around a budget. Through the estimate, the client can also know and understand the required process, materials, requirements, etc.
The contractor, mechanic, electrician, and any professional or skilled worker you hire can provide an estimate relevant to the specific service you want to conduct.
Nothing is free; if you ask for a free estimate, the person doing the estimate will only give you a ballpark price based on the appearance of the equipment or building without proper assessment.
The most common types of repairs are auto repair, building repair, electronic repair, and equipment repair.