Quoting Job Shop Work: Charge for Custom Tooling?

We had a viewer ask if it's OK to add in the cost of tooling he did not already own. It's a common situation for all shop owners and in this video, we talk about some of the ways we think about quoting jobs, adding in costs for custom tooling, other one-off costs, and creative ways to think about maximizing your shop profitabilit! 00:00 Intro 01:07 Starting up your shop 01:45 Take it to the EXTREME 02:30 What is it worth to customer? 04:10 Storing Custom Tools is hard! 05:50 Tool Extensions 06:41 Residual Value 08:20 Do you NEED the custom tool? 10:20 What are you SELLING? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Links for this video How We Quote:    • How I Quote CNC Machining and Machine Shop...   ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Reach us / CNC Info: Fusion 360: http://dsi.fyi/3yu7Mt0 CNC & Fusion 360 Training: https://bit.ly/3TRHs4J SMW Products: https://saundersmachineworks.com/ Speeds & Feeds: https://provencut.com CNC Resources: https://www.nyccnc.com