Towing Issues: towing business question, dodge 3500, profit level

Question
I have a dodge 3500 that I use to haul a 4 car hauler and business has really slowed down so I am going to put a tow set up on it. However I don't know how to price my services. How much should I charge to tow vehicles?

Answer
There is no magic number and will vary depending on your expenditures and profit desired. The first thing you need to know is the total cost or expenses for your business. I am assuming you know that since you stated a transport operation. The next step once all expenditures are calculated is determining your desired profit level. Once this is determined you can set your prices. Good luck