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More stories about Markup

  • Markup vs. Margin

    Do you know the difference?

  • Making Sense of Markup

    Suggestions for what to say when clients ask: What's your markup?

  • The Pitfalls of Hybrid Estimating

    A look at three ways to create an estimate, with varying proportions of labor, materials, and subcontractors.

  • If Time Is Money, How Can I Control the Clock?

    Knowing how many jobs you need to complete and collect for on a monthly and quarterly basis is critical to meeting the financial goals you set for the period. But how do you know on a week-by-week — or even day-by-day — basis whether your jobs are moving you toward the goal line?

  • Before You Drop Your Prices, Read This

    Has it ever occurred to you that dropping your prices to stay in business could put you out of business? Many contractors tell me they’ve had to drop their prices to remain competitive in today’s market. They just know they’re losing jobs because the “other guy” is cheaper.

  • QuickBooks Pro vs. Contractor: Which Is Better?

    The answer, says a Maine business-systems consultant, depends on whether you like packaged reports or prefer to customize the program to match the way you do business.

  • Letters

    Fee impact in California; where to find adjustable wall braces; decimal pitch conversion; hidden soffit vent details; more

  • Making the Markup Move

    Are you charging what your work is worth? Seven veteran builders tell how they learned to stop undercharging and get serious about turning a profit.

  • Strictly Business: Margin Math 101

    How to determine your company's markup

  • How To Charge For Overhead

    Forget material markups: This method, successfully practiced for 20 years by an Iowa remodeler, assigns overhead and profit expense to billed time on the job.