Markup & Profit Revisited: A Contractor’s Guide

Words: Jennifer Morrellhttps://masoncontractors.azurewebsites.net/Public/News/20120805133000-1.jpg" width="600" height="338" border="0" alt="Markup & Profit Revisited" />
Markup & Profit Revisited
Sometimes, contractors are good at their trade, but may not know how to run a successful business. For a construction business to beat the odds and survive, the owner needs to know how to price jobs, write contracts, manage crews, work with subcontractors and collect on their work.

"Markup & Profit Revisited" helps construction business owners do just that. Michael Stone, a contractor, lecturer and construction consultant, covers the business basics of running a construction company, whether a general or specialty contractor, working in remodeling, new construction or commercial work.

This book provides the keys to a profitable business, which is even more challenging in today's market. In this updated and expanded edition of the top-selling original, Michael discusses how to maintain a stable cash flow, compute a fair owner's salary and recognize warning signs. When things go bad, it outlines how to deal with unhappy clients and make it through tough times.

Stone discusses the differences between markup and margin, and how to use both to calculate the correct sales price. He explains, in simple layman's language, why the price of construction projects must be based on the cost of the project, when almost every other business can set their prices based on the market. A business needs to be profitable, not competitive.

Since 1999 Michael Stone has used his experience to help thousands of general contractors, new homebuilders, remodelers, and specialty contractors of all types build stronger, more profitable businesses. "Markup & Profit Revisited" is published by Craftsman Book Co. andConstruction Programs & Results Inc.
About: Featured
 0
2024 Architectural Awards: Excellence In Masonry Winners

The Masonry Advisory Council held the 2024 Excellence in Masonry Awards on Saturday, October 26th at 167 Green St., Chicago, Illinois. Honoring 80 projects from over the Chicagoland and Northwest Indiana Area. The Awards program celebrates outstanding ar

By: Ashley Kelly
Read More
NSI and ISFA Announce Silica Exposure Literature Review

NSI and ISFA are proud to present a literature review that summarizes the growing library of studies related to respirable crystalline silica (RCS) exposure. Completed by Yale Occupational and Environmental Medicine, the study covers 34 publications and d

By: Amy Oakley
Read More
La Maison Franchère: How Masonry Turns Functional Buildings Into Timeless Beauty

La Maison Franchère, or the Franchers’ House, stands as a notable relic of stone architecture in Saint-Mathies, a small Quebec town on the edge of the Richelieu River. Unlike the neighboring homes, this towering, two-and-a-half-story mansion immediately c

By: Vera Autushka
Read More
MASONRY STRONG Podcast Episode 5 Recap: Zach Everett

Welcome back to another insightful episode of the Masonry Strong podcast! Today, we have a very special guest, Zach Everett, sharing his journey and experiences in the world of safety within the masonry industry. From humble beginnings to becoming a vital

By: Justin Stengel
About: Featured
Read More