Markup & Profit: A Contractor's Guide, Revisited

by Michael C. Stone

In order to succeed in a construction business, you have to be able to price your jobs to cover all labor, material and overhead expenses, and make a decent profit. But calculating markup is only part of the picture. If you're going to beat the odds and stay in business -- profitably, you also need to know how to write good contracts, manage your crews, work with subcontractors and collect on your work. This book covers the business basics of running a construction company, whether you're a general or specialty contractor working in remodeling, new construction or commercial work. The principles outlined here apply to all construction-related businesses. You'll find tried and tested formulas to guarantee profits, with step-by-step instructions and easy-to-follow examples to help you learn how to operate your business successfully. Includes a link to free downloads of blank forms and checklists used in this book.

Genres: Construction, Business

332 pages, Paperback

First published April 1, 2012

Reviews

[Matt McLain · Rating 4 out of 5]

Most important takeaways are to never compromise your markup and to not budge on your budget. If you do, you have to raise revenue targets or you won’t make your end of year profit needed to stick around.

[Kirby Smith · Rating 4 out of 5]

Good book, helpful for newbs. Good litmus for seasoned pros.