
Pricing Workshop: Establish a loaded hourly shop rate
Before pricing any work, establish a loaded hourly shop rate to know what you need to make to ensure a profit.
The annual FDMC Pricing Survey is the only tool that compares pricing for custom woodworking and cabinetry in the industry. Real shops provide bidding specifications for real jobs, and shops across North America submit bids to show how they would price the same jobs. Bids can be compared and broken down to see differences in labor, materials, and other factors. The 2025 Pricing Survey is sponsored by Lockdowel Inc.and TradeSoft Inc.
See the bid results and lessons learned in the 2024 survey.
Download the bid package and see how you match up.