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Markup & Profit
- A Contractor's Guide, Revisited
- Narrated by: Michael C. Stone
- Length: 14 hrs and 13 mins
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Publisher's Summary
Few construction companies fail because of poor building practice; they fail because of poor pricing practice. To succeed in construction, you have to price your jobs to cover all labor, material, and overhead expenses, pay yourself a decent salary, and make a profit that will keep your company thriving. A large part of that is knowing how to figure the correct markup for your business.
But calculating markup is only part of the picture. If you're going to beat the odds and stay in business profitably, you also need to know how to write good contracts, manage your crews, work with subcontractors, and collect on your work. You'll find tried-and-tested formulas here to guarantee profits, with step-by-step instructions and easy-to-follow examples to help you learn how to operate your business successfully. Information is included on how to access the forms and charts used in this book. The principles outlined here apply to all construction-related businesses.
In this hands-on manual, Michael Stone, a highly successful contractor, lecturer, and construction consultant, provides the keys to a profitable business. He covers the business basics of running a construction company, whether you're a general or specialty contractor working in remodeling, new construction, or commercial work.
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What listeners say about Markup & Profit
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Overall
- Norman Hawkins
- 2022-11-27
practical step by step guide lines
very practical, you need to get the physical book too. as there are to many resources to remember
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- Caledonian Plumbing
- 2023-03-13
Absolutely essential
This is not only a book that’s going to tell you how to price your jobs, but it is an essential guide to how to run a contracting business. There is lots of things that I have heard before in this book but when Micheal lays them down to you. He says it in a wise and insightful way that is often not the place in construction nowadays.
I would tell anyone who is struggling with their business to purchase this audiobook. It is an amazing tool.
This book tells the absolute truth about running a contracting business. If you are not ready to face up to those truths, then go get a job working for someone this is honesty manifest.
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- André V.
- 2021-04-08
A must read for contractors
Very informative book! Definately recommend for any type of construction contracting business out there. Some sections are hard to follow sometimes when he's throwing numbers around but it's not that bad.
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- Brian McKellar
- 2023-01-18
Game Changer
This book should be a mandatory pre requisite to anyone who wants to start a construction business. I think if clients read this too it would give them a better understanding of the kind of things contractors have to contend with everyday. Truly an amazing book that I will refer back to very often.
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- Mark Ashton
- 2020-07-10
A Must Read Book for Every Contractor
I first read this book after attending one of Michael's seminars in Toronto almost 20 years ago. Most contractors have a difficult time making money in construction, and Michael provides a very easy and understandable formula to correct this problem. He also provides many other principals that help operate a profitable and meaningful construction business. Honestly, I've read countless books on construction over the years, and hundreds, if not thousands, of other construction related articles. I consider Michael the best of them all. He helped us in the very beginning and set us on a path to where we are today, which is a fantastic company with an awesome network of people, and a business that consistently makes a profit year after year!
Mark Ashton
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- Lino Consulta
- 2023-06-19
Revamping my business
After finishing hearing this audio book. I am wanted to buy the hard copy and learn more about the formula mention here. This will definitely will help to revamp my business strategy. I did wrong on my business that is why it running up and down. I will try to slowly change my system and follow most of the advice from this book. This is highly recommended.
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