Construction Subcontractor Bidding: Margin vs Markup

Accurately estimating the markup on your bid is critical for construction contractors, but many contractors don’t know how to estimate the markup they’ll need to cover job costs plus overhead and still turn their projected profit margins. In this video, Scott explains the relationship between markup and margin, and how to accurately estimate your markup.
Our Guide to Determining Margin and Markup: gallery.mailchimp.com/0948c54...
A few more resources on bidding and profit margin:
- mobilizationfunding.com/2017/...
- mobilizationfunding.com/2019/...
- mobilizationfunding.com/2020/...
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Пікірлер: 12

  • @Constructacademy
    @Constructacademy3 жыл бұрын

    Really useful video. Great content, thanks for taking the time to make this. Viewing from the UK, all entirely relevant to our industry here 👍

  • @MobilizationFunding

    @MobilizationFunding

    3 жыл бұрын

    Awesome, thank you!

  • @rdcochrane1746
    @rdcochrane17466 ай бұрын

    Totally relevant and I'm in China ... thanks for the posting

  • @MobilizationFunding

    @MobilizationFunding

    6 ай бұрын

    We're glad you found the video relevant! Thanks for watching and commenting.

  • @Looooongboardallday
    @Looooongboardallday10 ай бұрын

    Awesome content

  • @MobilizationFunding

    @MobilizationFunding

    9 ай бұрын

    Thanks!

  • @everydaybladesinc
    @everydaybladesinc Жыл бұрын

    My company has a mandatory 100% markup.

  • @pcastrejon23
    @pcastrejon239 ай бұрын

    👍

  • @EricFeldtJrProTexRemodeling
    @EricFeldtJrProTexRemodeling3 ай бұрын

    We take all project costs. Labor, fuel, materials and comissions X 2. That's Gross Margin

  • @joshuagibbs9752

    @joshuagibbs9752

    2 ай бұрын

    So if your costs are 700k the total job would be 2.1 mill or 1.4 million

  • @joshuagibbs9752

    @joshuagibbs9752

    2 ай бұрын

    Please?

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