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Melanie Hodgdon, president of Business Systems Management, provides
management consulting and coaching for contractors. She co-authored A Simple Guide to Turning a Profit as a Contractor, with Leslie Shiner.
To determine if your company is truly profitable, you need to understand the difference between cash received and earned revenue.
Melanie Hodgdon explores the risks and rewards for visionary business leaders.
These four primary tendencies will lower profits and maybe even sink the company.
The trick is to charge each job for replacement tools and equipment.
If you estimate using a partially burdened cost for your labor, you risk underpricing the job. Melanie Hodgdon explains why.