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Another factor that can affect your bid is the weather and the clients schedule. If you get some bad weather it can damage a coat that you then have to sand off. Or the client may press you because he wants to take friends out a specific day causing you extra work.
It is very hard to treat the customer well if you are loosing money. Make sure your price is high enough so you can afford to do some "extra stuff" for free. There will be extra stuff.
It is all about expectations:
If you underbid at 1,000 and have to charge extra for stuff you forgot or in any way complain about the clients expectations and it ends up costing him 1,300 he will not be happy.
If your bid 2,300 and say "I'll be happy to scrub the deck and polish the brass even if it wasn't mentioned at the start and don't worry go take your sail I'll do an extra coat no charge when you get back."
You will have a one-man chamber of commerce.
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