Gross Profit

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Sales Alchemy Revisited: Clarifying a Remodeler's Role as Construction Manager

A reader asks for further clarification of Mike Davis' role as a construction manager as mentioned in the February article "Sales Alchemy." More

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Feeling Free: Steps to Attaining Overhead Freedom

Like Tax Freedom Day for a nation, Overhead Freedom Day should be a goal for your company. Here's how to calculate when your day will come. More

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Control Costs With a Purchasing System

For the past several columns we've been talking about the importance of gross... More

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Gross Matters: Tracking Gross Profit

Tracking your company's gross profit will help you find out what's working, what's not, and why. More

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The War Chest: Your Company Survived the Recession by Spending Down Its Rainy-Day Funds. Now What?

JUDITH MILLER: Many remodelers spent their war chests to survive the economic downturn. Now it's time to replenish that war chest, since you never know when you'll need it. More

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Protecting Profits in Your Construction Business

Let's begin this month by reviewing some basic financial concepts and benchmarks. More

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Business How-To: Preparing an Operating Budget

A step-by-step guide for creating an outline budget or an itemized budget, depending on your company's size and complexity. More

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Sales Forecast: Will Your Revenue Cover Expenses?

You should know exactly how much you need to sell and how much you need to produce each month to maintain a healthy business. A sales forecast spreadsheet will help you do that. More

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Executive Dashboard: Keeping an Eye on Your Company's Really Important Numbers

This one-to-two page report will give you the information you need to manage your company proactively, well before crises develop. More

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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... More

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