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#1 |
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Registered User
Trade: electric - home building
Join Date: Mar 2006
Posts: 5
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Residential Margins
What overhead and profit are you adding to your bids for new residential construction.
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ACG "...with God all things are possible." Mt. 19:26 |
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#2 |
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GC/JE
Trade: electrical
Join Date: Jan 2006
Location: Odessa, Tx
Posts: 32
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Re: Residential Margins
Where are you working?
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Steve "Keep thee thy airspeed, lest the earth rise up and smite thee!" |
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#3 |
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Pro
Trade: Master Electrican, Electrical Contractor
Join Date: Sep 2005
Posts: 348
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Re: Residential Margins
Mick, the best thing you can do is correctly calculate your overhead based on all your particular costs to be in business, not use some swag that other company's have come up with. That way you will know when you are making money enough to cover all your expenses, and you will also not be losing unaware of your true cost.
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#4 |
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Electrical Contractor
Trade: Electrical
Join Date: Jun 2005
Location: Los Angeles
Posts: 50
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Re: Residential Margins
I've actually run into General Contractors who've told me the proper Overhead and Profit was 15% and 10%. LOL
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