When you’re running a small business, profit margin is everything. This is especially true for construction contractors. The costs for labor, materials, and overhead add up fast, and you need to be sure from the very beginning that your pricing is at the right level to ensure a reasonable profit.
The profit margin, of course, is the amount of money leftover from a project’s total price after accounting for all of your expenses – not only project-specific costs like subcontractor labor and materials, but accounting for your overhead as well.
We’ve built a free profit margin calculator for contractors, making it easier for you to figure out exactly how much to charge to maintain healthy margins and grow your business.
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Just like our product, our pricing is straightforward.
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