Markup-Overhead-Profit

Markup-Overhead-Profit

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  One Way to Ensure Eployee Vehicle Upkeep and Maintenance

  One remodeling company finds that providing an allowance for employee vehicles ensures upkeep and maintenance.

   

• Getting Through Hard Times by Expanding or Contracting Your Overhead

  A mix of layoffs and reassigned duties may be necessary to get your business through tough economic times.

   
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  Remodelers Identify Rising Business Costs in the Slower Economy

  Remodelers' costs are down, finally, for building materials and fuel. But they're rising for marketing, health insurance, and more.

   

• Subletting Office Space

  One way that more businesses are using to recover occupancy costs is to sublet some of their office space.

   

• Q+A: Do You Raise or Lower Prices or Bids Based on Economic Conditions?

  This Q&A with Big50 remodelers asks how the economy affects their pricing and bidding.

   
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  Tips for Making Rate-Cut Requests a Win-Win with Trade Contractors

  In the tighter economy, remodelers are asking trade contractors to shave costs. The key is to communicate why — and what's in it for them.

   
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  Small Changes in Sales and Expenses Lead to Big Boost in Profit

  Incremental adjustments in critical financial benchmarks are less disruptive than drastic changes — and often more effective.

   

• Pinpointing Slippage

  By tracking the actual and budgeted costs of individual line items for each job, Creative Contracting is able to easily pinpoint slippage.

   

• Keeping Systems Up to Date

  Since the economic slowdown reached the outskirts of Washington, D.C., remodeler Ed Castle has had to take an uncharacteristically proactive approach to marketing.

   

• Profit And Loss

  Getting your P&L to truly represent your current profit.