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Raise Revenue by Understanding Overhead

Construction Business Owner

I can’t sell enough work at my old markup rates to cover my overhead,” he said. “So, He complained about his customers continually asking for lower prices and the cheap competitors who don’t charge enough. His business was slowing down. “I So, I lowered prices another 5 percent to try to attract more sales.” What should I do?”.'

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What Are the Methods of Overhead Allocation?

Construction Business Owner

What Are the Methods of Overhead Allocation? Remember the old adage: measure twice, allocate overhead once. The best method for allocating overhead in construction is a way that’s fair. Figuring out how to strike that balance is the art of overhead allocation. overhead allocation. Greg Ragsdale. Main Image.

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The Power Of Accurate Job Costing In Your Construction Business

Contractor Bookkeeping

Welcome to a world where every material, labor, and overhead cost is meticulously tracked to unveil the actual cost of doing business. Unlike methods that evenly spread costs, this approach focuses on the detailstracking materials, labor, and overhead for each job.

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How to Make Changes & Still Make Money

Construction Business Owner

It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. The typical commercial contractor’s annual overhead and profit markup look much like those in Figure 1.

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Anti-Gravity Construction: Building Upside Down to Save Space

The Constructor

Anti-gravity construction represents a revolutionary shift in architectural engineering, challenging conventional floor-up design by activating ceiling and overhead spaces that were once considered unusable.

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What to Include in Your Overhead Markup

Construction Business Owner

The key to being profitable is understanding ?your your job costs.

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Practical Tips To Trim Your Overhead Costs

Contractor Bookkeeping

Regardless of your business's nature, the first step to reducing your overhead costs is to take the time to go through every single expense you have. Continually thinking of ways to reduce your overheads is essential for a healthy cash flow, so conducting regular reviews of your business expenses should be a routine task.

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