Stanley’s new TML99 and DML99 laser distance measurers, combined with the Stanley Floor Plan App, will help you create precisely accurate floor plans without moving from a single spot in a room.
Markup on direct job costs (labour and materials) to reach One Third gross margin (33 per cent) is 50 per cent.
“Under straightforward pricing, contractors go away from charging by the hour but, instead, go by a price list with different tier levels at that also includes a diagnostic fee, as if they were doctors,” Kevin Koch reports to us.
“Never email a quotation,” Draper counsels. “Always visit with the client to go over the details so that you can make adjustments to include or exclude changes the customer wants to see.
Contractors should be marking up their direct job costs (labour and material) between 50 and 65 per cent, if they want to make a good profit, Remodelers Advantage president Victoria Downing told contractors in Whitby, ON
“Too often I’ve seen contractors walk in with a pad, out of their pickup truck, and they listen to what the homeowner wants. They give them a price and ask for a down (payment). And there’s never enough education there.” – MIKE HOLMES
“Until flat rate pricing becomes the industry standard – and realistically that would take a long time to bring about – there are bound to be customers who will ask how much you charge ‘per hour.’ “
It looks like Canada won’t hit 200,000 starts this year, but the final number will be close. And there is promise of a strong housing market in 2012. CMHC’s Q4 housing report suggests a leveling off of starts, from about 191,000…