Markup & Profit A Contractor’s Guide (Revised Edition)
At last, a book on how to figure the right markup for a construction company! To succeed in a construction business, you have to price your jobs to cover all labor, material and overhead expenses, and make a decent profit.
In order to succeed in a construction business, you have to be able to price your jobs to cover all labor, material and overhead expenses, and make a decent profit. This book by Michael Stone covers the business basics of running a construction company, whether you’re a general or specialty contractor working in remodeling, new construction or commercial work. Here, you’ll find tried and tested formulas that guarantee profits, with step-by-step instructions and easy-to-follow examples to help you learn how to make your business a success.
You’ll learn how to:
•Calculate your full overhead •Price your work at the proper markup •Maintain a stable cash flow •Figure all your job costs •Estimate your breakeven point •Recognize warning signs in your business •Compute a fair wage for yourself •Collect on your work