David Gerstel has been a builder for over four decades and is the author of “Running a Successful Construction Company” (often cited as an industry bible) and “Nail Your Numbers: A Path to Skilled Construction Estimating and Bidding.” His latest book, “A Construction Pro’s Path to Financial Independence,” is now available from Amazon or at the bookseller of your choice. You can contact David via his website, DavidGerstel.com.
Underpricing can result from thinking errors that lead you to sell yourself short. David Gerstel explains how correcting those errors will help you to become more profitable.
Keeping cash on hand is not the same as making a profit. David Gerstel offers guidance on managing cash to make a valid profit.
For all the information given us about the how-to of capturing profit, little is said about why we must make a profit.
There are myriad "slipperies" that, if they escape your attention while estimating, can do major damage to your bottom line.