Gross Profit

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Tripping Out: Reducing Lumberyard Runs Is a Matter of Planning

Checkout lines may be shorter, but trips to the building materials store are still time wasted and money lost. More

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Regular Checkup: Schedule a Monthly Review of Your Accounting Information

Ask yourself these seven key questions when you review your monthly income statement and balance sheet. More

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Mixing Up the Markup: Squeezed for Profits, Reassessing Markup

Does the tighter market call for tighet prices ó and thus lower markup? More

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Before You Drop Your Prices, Read This

Has it ever occurred to you that dropping your prices to stay in business could... More

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Right-Size Your Company

Plan for 2010 using realistic targets for volume, gross profit, and owner compensation. More

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The Not-So-New Production Realities of Smaller Remodeling Jobs

Some "old-school" tips for avoiding costly mistakes and maintaining profitability in a climate of shrinking job sizes and margins. More

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Track Marketing and Sales to Meet Gross Profit Goals

Carefully track your marketing and the resulting sales to ensure that you meet your gross profit goals. More

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Percentage-of-Completion Accounting: What's It All About?

POC accounting methods provide more accurate results before the final numbers are in, especially for remodeling projects that stretch out over time. How to use this useful method, by QuickBooks expert Diane Gilson. More

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Small Product Category May Save Big Bucks

Heat pump water heaters are a fraction of the market, but are highly efficient system add-ons. More

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Dollars Don't Lie

In this unpredictable economy, realign your thinking toward gross profit dollars instead of gross profit margin. More

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