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Pricing to Maximize Profits

PSMJ Resources

That trainer likely charges for travel as well, and maybe ancillaries like a print manual. Fees must adequately cover training, professional development, ample profit, and future liability. Architects and engineers are willing to pay good money for professional services.

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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

It is used to organize the finances of the entity and to segregate expenditures, revenue, assets and liabilities in order to give interested parties a better understanding of the financial health of the entity. Examples: safety meeting, travel time, clean up time, wash up time, etc. City cost index - see: Location cost index.