Every successful construction business owner understands that making a profit starts with knowing your numbers, estimating accurate job costs, and using the right overhead and profit markup. In this practical session, learn how to calculate your actual job costs, labor rates, equipment costs, crew rates, overhead-and profit markup. Topics of discussion include the 12-step formula to always make a profit, how to calculate your fixed overhead cost, and develop a standardized estimating bid template with total job cost, general conditions and variable markup.
- Estimate accurate job costs, labor, equipment and crew rates
- Use standard job cost estimating templates to develop accurate estimates and bids
- Discuss the 12-step formula to always make a profit
- Discover how to calculate your job costs, general conditions, overhead and profit markup
NOTE: Participants are encouraged to bring a calculator.
Credits: 1.5 hours AIA/CES LU, PDH, MCAA
Education Tracks: Business Finance & Money Matters
Event Type: WOC 90-Minute Seminars > Session
Owner, Author, Presenter at Hardhat Presentations
Newport Beach, CA , United States
George Hedley, CSP, LPBC is a construction business owner, certified speaking professional, licensed professional business coach, entrepreneur and the recognized authority on how to build a growing business into a company that consistently produces bottom …