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Markup & Profit: A Contractor's Guide
Table of Contents

Introduction | Preview A Chapter | Back Cover

1. Looking at Markup in the Construction Business, 5
   So You Want to Be a Successful Contractor, 6
   And If You're Already a Contractor? 11
   And the Formula Is, 18

2. Understanding Markup, 19
   Symptoms of Impending Failure, 19
   Three Major Causes of Business Failure, 23
   The Terminology of the Industry, 26
   Determining Your Financial Requirements, 27

3. Establishing the Correct Markup for Your Company, 53
   The Basic Formula for Markup, 53
   Let’s Do Some Sample Problems, 54
   Sliding Scale Markup, 67
   A Review of Volume, Overhead and Markup, 69
   Problems to Watch Out For, 81
   Job Supervision and Markup, 85

4. Sell Your Services – at a Profit, 89
   The Basics of Attracting Sales, 89
   Your Telephone Is Ringing, Now What? 96
   The Basic Steps of the Sale, 100
   Some Final Notes About Sales, 115

5. Writing Contracts, 121
   The Importance of a Detailed Contract, 122
   Writing Your Contract Documents, 126
   Good Contracts Have Well-Defined Pay Schedules, 137

6. Change Work Orders, Other Forms and Your Markup, 149
   Using Change Order Forms, 149
   Other Forms, 160

7. The Mathematics of Your Business, 169
   Setting and Keeping a Budget, 169
   Margins vs. Markup, 178
   Break Even, 180
   Math, Formulas and Ratios for Your Company, 183
   Computers, 189

8. Bean Counters and Your Business, 197
   Dealing with the Bean-Counter Mentality, 197
   Financing with Two Bankers and One Broker, 199
   Working for Bankers, 202
   Insurance Companies, Their Pay Schedule and Your Markup, 203

9. Justify Your Markup, 207
   Communication, 207
   Classes, Seminars and Conventions, 211

10. Employees and Your Markup, 213
   Training, 213
   Productivity, 214
   Schooling on Markup, 217

11. Listening to the Experts, 219
   Recognizing the Export, 219
   Increasing Your Expertise in Your Field, 221
   Hiring Consultants, 223
   Some Good Advice, 224
   In Conclusion, May I Say Thank You, 228

12. Problems to Solve, 229
   Problem 1: Getting Started, 230
   Problem 2: A Fourth-Year Business, 232
   Problem 3: Correcting a Disaster, 236
   Problem 4: All That Glitters Is Not Gold!!! 242
   Problem 5: Evaluating a Quarterly Review, 247
   Problem 6 Boom & Bang Construction, 251
   Congratulations! 263

Appendix
   Bank Forms, 265
   Educational and Construction Resources, 305

Index, 312

Introduction | Preview A Chapter | Back Cover

Markup & Profit
A Contractor's Guide

CR212

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At This Time

 

 

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Markup & Profit: A Contractor's Guide
 
Markup & Profit
A Contractor's Guide

CR212

Not Available
At This Time

 
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