[Jewelry making - Article 00419] - Re: [Orchid] Pricing those custom waxes

[Rick Hamilton]

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    I charge by the hour for my model making services. You really have to
    look at your overhead, even though you are working at home. This
    includes the depreciation of your studio space including start up
    costs for tools, furnishings, lighting, and the monthly expenses as
    well- utilities, insurance, delivery costs etc. Then add on your
    hourly pay rate based on the hours you work. $250 probably doesn't
    make sense for 18-20 hours of work, on the other hand, fabricating a
    metal model or using rapid prototyping may be a more cost effective
    use of time. It has to make economic sense to you, your client
    stores, and the customer. If your quality is there, people will pay
    a premium for your effort. 

Rick Hamilton
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