Markup or Margin: Be Logical
By Michael StoneIf 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.
Adjusting Your Markup
By Michael StoneIn Markup & Profit Revisited, we explain how to calculate your markup. We’re often asked if you can adjust your markup based on the length of the job.
Bookkeeping, Markup, Taxes, Advertising
By Michael StoneThis week I want to catch up on a few things that have been bothering me.
Adjusting Your Markup Based on the Job
By Michael StoneMany contractors use a variable markup or margin to price jobs. They believe that in the construction industry you have to reduce the price to get the job.
Markup and Margin Calculations
By Devon StoneOur newest six-hour class, based on the book “Markup & Profit, A Contractor’s Guide Revisited”, second hour, on markup and margin calculations.
Markup, Margin . . . Does it really matter?
By Michael StoneIf you read the two previous blog posts you know markup and gross margin. Today we'll look at one of the major mistakes made when calculating the sales price.
Using Gross Margin to Price Jobs? Better Use It Correctly
By Michael StoneYesterday markup – today gross margin. Let's look at using your gross margin to calculate the correct sales price for your work.
Markup vs Margin and Why You Should Care
By Michael StoneThere’s a lot of confusion over using markup vs margin to price jobs.