Presenter: George Hedley
Format: Audio

Know Your Labor, Equipment, Crew Costs, Overhead & Profit Numbers. Every successful contractor understands that making a profit starts with knowing your numbers, estimating accurate job costs, and using the right overhead and profit mark-up. In this practical session, learn how to calculate your actual job costs, labor rates, equipment costs, crew rates, overhead, and profit mark-up. Includes the 12 step formula to always make a profit, how to calculate your fixed overhead cost, and develop a standardized estimating bid template with total job cost, general conditions, and variable mark-up. Bring your calculator.

Learning Objectives:

• Estimate accurate job costs, labor, equipment, and crew rates
• Use standard job cost estimating templates to develop accurate estimates and bids
• Learn the 12 step formula to always make a profit
• Calculate your job costs, general conditions, overhead, and profit mark-up