Chris Sanderson, a general contractor who
works by bike, has had a successful first
year in business.
(Photos © J. Maus/BikePortland)
Back in February, I introduced you to Chris Sanderson, a licensed general contractor who runs his entire business from a cargo bike with a trailer attached. In an industry where big trucks are the norm, Chris’s story stands out among Portland’s growing crop of bike-based businesses. I ran into him the other day and learned he’s celebrating a very successful first year in business.
Hoping to learn more about Chris’s experiences, I asked him a few questions via email…
How was your first year in business?
My first year in business has been a learning experience. I never planned to be in business for myself and I have learned valuable lessons, sometimes the hard way. One thing that I did not anticipate going into this was the amount of administrative/overhead time that it takes to run a business. I am starting to learn that I need to account for the hours running the business, and adjust my rates appropriately to cover those costs. Needless to say, I am beginning to understand why contractors charge what they charge. When I first started doing this business, I was charging $20/hour, which is super cheap compared to many contractors, and now I am starting to see that I need to charge about $45-55/hour to cover my overhead costs. Some people tell me that is still super cheap, but I have the advantage of not having automobile expenses.