Markup & Profit

Still reading it . Very informative so far

Nixe

Markup and Profit: A Contractor's Guide Revisited" by Michael Stone is a valuable resource for contractors and small business owners in the construction industry. This book provides insights and practical advice on pricing, estimating, and managing construction projects, with a focus on achieving profitability. Key aspects of the book include: Pricing and Markup: Michael Stone provides a comprehensive guide on how to accurately price construction projects. He emphasizes the importance of understanding and applying markup to ensure that businesses not only cover their costs but also generate a reasonable profit. The book offers strategies for setting profitable prices without underpricing or overpricing services. Estimating Techniques: Stone offers practical tips on creating accurate estimates for construction projects. This is crucial for winning contracts and avoiding financial pitfalls. The book provides guidance on the various factors that should be considered when estimating costs. Business Management: "Markup and Profit" goes beyond pricing and estimation to cover essential aspects of business management. It addresses topics like financial management, customer relations, and employee management, offering a holistic approach to running a successful construction business. Real-World Examples: The author uses real-world examples and case studies to illustrate key concepts. These practical scenarios help readers understand how to apply the principles discussed in the book to their own business situations.

Great mathematical insights on how to charge for your projects to make your construction company profitable. No bull, just cut to the chase business approach.

Interesting and useable information.

This is one of the best books I ever read I fully recommend this book to anyone who is planning to venture into the construction business.

Great book! very helpful lots of good insights and ways of doing business that I had all wrong, my profits are up my customers are happy like always and I am much happier and that shows in my work and its all thanks to this book helping me correct the mistakes I was making and gave me the confidence I needed to put the true value on my work and my time. I've never been so busy once I put the proper value on my work I have customers beating down my door and I can't keep up with the workload my profits have doubled and im finally comfortable not worrying about money or struggling to make ends meet. I'm not trying to beat the competition for who goes out of business first, put value on yourself and others will value , you.