Presenter: George Hedley
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.
- 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