Gross Profit

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Four Common Delusions Among Contractors

Contractors are often their own worst enemies. Here are four ways they make it... More

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Nothing but Net

Judging a company's profitability based on gross profit can be misleading. Your bottom line numbers are a better indicator of performance. Here's why. More

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Do the Math - Overhead & Profit

In this segment of Do the Math, former Remodeling editor Sal Alfano looks at two... More

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McCadden: Benchmarks, Unlike Yardsticks, Don't Always Measure Up

Benchmarks can be useful, REMODELING columnist Shawn McCadden agrees, but some numbers are more useful than others. He has two pieces of advice to help ensure that sure you're comparing your company against the right numbers. More

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Should You Pursue Time and Materials Deals? No.

Time and materials contracts are a risky proposition for all but the biggest, replacement contractor-oriented remodelers, Judith Miller argues. Well-run traditional remodelers don't need T&M to succeed--and usually couldn't succeed if they used it. More

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How To Know When It's Time To Grow

Here's a guide that enables you to use cold hard facts to make the tough decision about when to hire a new employee. More

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Benchmark Your Company Against the Big50's Numbers

This yearís Big50 posted average gross margins around 33% and net profits of roughly 9% for 2012. Thatís the best showing for any Big50 group since 2006 and far above another popular standard benchmark. More

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Growing in Place: Make the Most of Limited Production Hours

Rather than expand through hiring, remodeler Stan Acton uses a spreadsheet to help him get the most out of the carpenters he already has. More

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Time Is Money: Tips for Improving Productivity

Companies that have taken overhead as low as it can go but are still facing price pressure can look to improved field productivity to preserve profits. More

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Cookbook: A Recipe for Evaluating Your Progress Toward Revenue Goals

JUDITH MILLER shows how to track your progress (and make any necessary adjustments) as your company moves toward its revenue goals. More

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