Mark Up vs Margin Pricing: This Mistake Costs Builders Thousands

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  • Опубликовано: 25 июл 2024
  • Many builders confuse markup and margin, leading to underpriced projects and lost profits. Are you one of them?
    Join Marti, Owen, and Vinnie as we discuss the difference between markup and margin. We'll show you how to:
    • Stop profit leaks by understanding markup and margin pricing.
    • Learn a simple calculation to ensure you're charging what your projects are worth.
    • Know the key financial ratios that matter most.
    This episode is more than a pricing lesson. It's a roadmap to financial clarity and a thriving construction business.
    Here's what you'll gain:
    00:00 - Intro
    01:03 - The key numbers that drive your profit
    15:16 - Optimising your team’s structure according to your revenue stage
    19:40 - Strategies to maintain a positive cash flow
    24:55 - Understand why learning to say "NO" can lead to greater profitability
    25:53 - Manage work-in-progress to address cost issues before they snowball
    BONUS: Download our resource, ‘151 Ways To Add $500 - $1,000 In Gross Profit Per Week’ and get practical tips to boost your bottom line: info.theprofessionalbuilder.c...
    Stop leaving money on the table. Tune in to this episode to learn practical strategies to stay on top of your finances.
    🚀 Want a game-changing strategy session? Head to tpb.tools/call
    📈 Explore FREE resources for builders at tpb.tools/resources
    Join Our Community
    👥 FB Group - / professionalbuilder
    📸 Instagram - / theprofessionalbuilder
    🖥️ Website - www.theprofessionalbuilder.com

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