How To Make An Estimate Sheet In Pages

If you are a freelance contractor, it is essential to know how to make an estimate to acquire more clients. Estimates are often made through sampling, which counts a small number of samples and projects that amount to a bigger population. Estimates in project planning could be extremely important. Plans are needed for the allocation of labor and the procurement of raw materials, despite the inability to understand any potential problems that may arise. If you're having difficulties making your estimate, then that's no longer a problem now. We have prepared easy steps below to make your own estimate.

1. Use an Official Letterhead

Assume that the prospective client has also reached out for estimates to others. It provides your work estimate a more professional look and makes it stand out if you have an official letterhead for your company. If you don't have a letterhead, you may create one in any word processing software. Do not forget to include your business name, your name, and contact information like location, contact number, and email address. Also, you may include the logo of your company. This will make your estimate stand out from competitors.

2. Label Your Estimate Correctly

You must label your estimate clearly. You may put the word "estimate" under the letterhead. Remember to set it in large and bold letters. If you like, you may provide a disclaimer under the word.

3. Describe the Service

In making your sample sheet, you don't need to write down your service extensively. You can break down them if you can. For an easier job, group services into general categories. For instance, if you are making a chair for a homeowner, you might want to present the cost breakdowns.

4. Provide Information About your Accreditations

If you are working as an independent contractor, you may be asked by state law to have a license to be legal. Your estimate sheet must have information about this. If you have badges, memberships, or awards from big companies, it might help you appear more trustworthy and authoritative.

5. Include Necessary Disclaimer

An estimate is never enforceable by law. That's why you must state this in advance so that your prospective client is conscious that the real cost may vary from the estimate you have given. Make an agreement at the end of your estimate. You can define the variables that may add to a distinction between the real cost and your estimate, but they are not strictly essential. Do not get too comprehensive in your elaboration if you include reasons for a price difference.

6. Provide Alternative Estimates

There might be important estimation factors that would result in an immense difference in the price. In situations like this, it would be better if you provide your prospective clients some estimates so they may take time making decisions.

7. Put a Date and Your Signature

After you've finished the estimate, you must recheck it carefully begore printing it. Put your signature and the date. Provide a copy for you before giving the official document to the client.

Read More