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Markup & Profit: A Contractor's Guide, Revisited, by Michael C. Stone
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In order to succeed in a construction business, you have to be able to price your jobs to cover all labor, material and overhead expenses, and make a decent profit. 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. This book 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. The principles outlined here apply to all construction-related businesses. You'll find tried and tested formulas to guarantee profits, with step-by-step instructions and easy-to-follow examples to help you learn how to operate your business successfully. Includes a link to free downloads of blank forms and checklists used in this book.
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Product details
Paperback: 332 pages
Publisher: Craftsman Book Company (April 1, 2012)
Language: English
ISBN-10: 1572182717
ISBN-13: 978-1572182714
Product Dimensions:
8.3 x 0.9 x 10.8 inches
Shipping Weight: 2 pounds (View shipping rates and policies)
Average Customer Review:
4.8 out of 5 stars
55 customer reviews
Amazon Best Sellers Rank:
#16,604 in Books (See Top 100 in Books)
This book takes a cutthroat industry like construction, and enables contractors to finally understand their own numbers. Not only that, it gives you formulas to figure out what numbers you should be aiming for, so that you can build a profitable company. Better yet, it gives practical advice on how to handle a variety of situations that make life difficult for contractors (and costs them money). I have worked in the construction industry a number of years and am always looking for genuine, truthful, practical advice on how to be a better contractor, and this book provides it. It's given me a lot to think about.
This book has really helped me start up my business. Before I read this is was under charging and either breaking even, or losing money. I was afraid to over charge. This book set me straight
Excellent Perspective and realistic solutions. Well organized, easy to comprehend and sound background guidance for contractors, especaially those who have reached the stage where you know you need help.
I like this book. It provides a solid action plan for profitability, complete with templates, full explanations, and examples of what not to do and why. Every contractor should own a copy.
Everyone in trade biz should have it before even starting out.
I'am in the process of obtaining my contractors license and enjoyed reading this book. I have started to build a library full of these informative construction style books. Great read, i would recommend this book to a friend. Packaged well and arrived on time as usual
Very informative and well written. The book paid for itself within the first few chapters.
I recently started to work with a contractor who has been in business for himself for 17 years. My role is sales, marketing, website, working with clients on making design choices and pretty much anything I can do to help him improve efficiency and profitability. This book has been invaluable to assisting me in better understanding the business, how to price our services, writing better contracts, etc. Highly recommended!
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