Knowing When It’s Time To Raise Prices

During a recent visit to Florida, I had the opportunity to spend a day at Disney World. I was astounded by the admission price! Shortly after my visit I had the opportunity to visit with a friend who once worked in marketing for Disney. I felt I had to ask how the...

Marking Up To Determine Price

Total Job Cost+Overhead+Profit=Price Once all of the factors involved in the equation required to determine the Selling Price have been determined, contractors can understand the term Mark-up and its use in the Estimating process. When contractors have identified...

Identifying Profit

Profit is the just reward for the effort and risk the contractor undertakes to produce the job. As contractors we are often buried in work to the extent that often there is no realization of what is happening in the outside world, especially when it comes to what kind...
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