Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services

0326: Understanding Other Construction Company Costs And Opportunities To Increase Your Profit

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Sinopsis

This Podcast Is Episode Number 0326, And It Will Be About Understanding Other Construction Company Costs And Opportunities To Increase Your Profit   Many contractors are having trouble adapting to the new economy. I have made more mistakes – than ten of the average contractors put together. I've learned a great deal of hard, hard lessons, and worked my way through several "Character Building Moments." What I am about to ask you to do is something I have done for many years during my contracting days, and it still works.   Understanding Other Costs:   Marketing Cost   The cost your company spent to acquire and maintain the job. Depending on how you allocate marketing dollars as a percentage of sales or a fixed budget will have an impact on your marketing cost per job. Your cost-per-call, closing ratio, and other related information is all part of your operations, accounting, and bookkeeping reports.   Mobilization Cost    Are the costs you incurred to get a crew to the job site in terms of travel time and veh