Markup and Profit Class

Markup and Profit Class Details

Part 1 - Financial Basics, Estimating and Sales

  • Reasons for failure in construction
  • 5 basics of survival
  • Determining your financial requirements
  • Estimating your job costs
  • Setting your profit % - overhead expenses
  • Projecting your sales - volume

Length: 54 minutes(54:14) for $19.95. View as often as you want, no expiration, no recurring charges.

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Part 2 - Markup and Margin Calculations

  • Calculating markup
  • The right markup for your company
  • A practice problem on markup
  • Sliding scale markups
  • Adjusting your markup
  • Incorrect markup formulas
  • Calculating margins
  • Incorrect margin formulas
  • Problems to watch for
  • Purchasing a vehicle using margins

Length: 56 minutes(55:42) for $19.95. View as often as you want, no expiration, no recurring charges.

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Part 3 - Cash Flow Needs

  • Pricing your services
  • Avoiding financial pitfalls
  • Payment Schedules
  • Volume built per employee
  • Unbudgeted Overhead Expense
  • Know your cash flow needs
  • O.C.R.A.
  • Profitable vs. Competitive
  • Market vs. Cost Based Pricing
  • Preventing Business Failure

Length: 56 minutes(56:25) for $19.95. View as often as you want, no expiration, no recurring charges.

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Part 4 - Contracts

  • Importance of a detailed contract
  • Writing your contract documents
  • Contract language to keep you out of trouble
  • Doing business with the government
  • Contract layout
  • Cost Plus & Time and Material Contracts
  • Job Supervision
  • Using change work orders
  • Subs and change work orders
  • Contract writing software
  • Special contracts

Length: 1 hour(1:00:17) for $19.95. View as often as you want, no expiration, no recurring charges.

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Part 5 - Business Problems and Making Money

  • Get leads, get jobs
  • Job cycle
  • Attracting leads
  • Proprietary Information
  • Better business practices
  • Employees & subcontractors
  • Paying employees
  • Fraud and embezzlement
  • Making clients a priority
  • Building "quality" jobs
  • Classes, seminars and conventions
  • Recognizing problems in your business
  • Preventing business failure

Length: 57 minutes(56:51) for $19.95. View as often as you want, no expiration, no recurring charges.

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Part 6 - It's All About Business

  • Working with Professionals
  • Tools for your business
  • Formulas for your business
  • Starting a new business
  • Partnerships
  • Some final stuff

Length: 1 hour (1:00:19) for $19.95. View as often as you want, no expiration, no recurring charges.

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You can also order all six classes at once for only $99.95.

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