How To price a Job? Profit Margin Vs Markup: Most Roofing Contractors don't know this
Тәжірибелік нұсқаулар және стиль
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Insights:
00:00 Intro
00:47 Profit Margin
01:15 Markup
01:42 Margin Vs Markup
02:25 The Cheat Code
03:04 Outro
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Пікірлер: 11
Content like this is going to help curve the failure rate for the better of roofing businesses. BTW if you set up your Job Nimbus correctly and use it to estimate it will do the math for you! Pro Tip: Make sure you are auditing your material invoices to make sure your material prices are correct to have correct estimates
The easiest way to do your example is: 8000/ .7 (1-.30%profit margin)
There’s no such thing as profit until overhead is paid.
@RoofingInsights3.0
19 күн бұрын
True, but sales transfer to profit. Without sales there are no profit for sure
Dmitry's QuickBooks Course: profitbuildersschool.mykajabi.com/offers/BTj6bucU/checkout Learn Roofing Business: RoofingSchool.com Connect with Dmitry: dmitrylipinskiy.com/ Join my daily marketing program: www.mymarketingfitness.com/
Where’s the 2024 shingle guide? Lol
@RoofingInsights3.0
19 күн бұрын
Working on it!
@TS88199
19 күн бұрын
Awesome. I’m a new salesman to the industry. Love your videos. Thanks!
@andreykaragaev3609
19 күн бұрын
Easy but complicated 🤔