profits

Gross Profit Margin for Building Projects
As an operations manager for a construction company, Ian Schwandt defines what gross profit margin is and why it's important, and gives a helpful breakdown.
Marketing to Millennial Homeowners
In the past, homeowners would heed more traditional forms of marketing. But millennials like to “be in charge” of the buying process by doing their research online first.
Calculating the Labor Burden for Your Construction Business
The true cost of having an employee goes far beyond the hourly wage
Three High-Level Metrics to Gauge the Health of Your Construction Business
These measurements, based on total revenue, can help predict and project the health of your construction business.
Profit Margin: The Final Frontier
Margin is not markup. Do not use these words interchangeably. Doing so will cost you money.
Markup: The One Number That Rules Them All
One markup controls the revenue for your construction business. This one markup rules all other markups you might have developed.
Self-Taught MBA: Controlling Subcontractor Price Creep
Subcontractor price creep can add significant costs to your operations, not all of which you can easily pass onto your customer. You need strategies to keep subs from eating up your profits.

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