If they tell you the formula to use will make you more profit, that’s baloney. It’s the numbers you use that determines your profit.
Our newest six-hour class, based on the book “Markup & Profit, A Contractor’s Guide Revisited”, second hour, on markup and margin calculations.
Are markup and margin interchangeable? Is a 1.55 markup the same as a 55% gross margin?
Yesterday markup – today gross margin. Let's look at using your gross margin to calculate the correct sales price for your work.
There’s a lot of confusion over using markup vs margin to price jobs.