Dive into the world of construction accounting and learn how to craft a detailed scope of work to automatically calculate prices with the desired profit margin. Avoid common pitfalls of marking up costs randomly and gain insights into achieving a 30% profit margin consistently. Hit the subscribe button to stay tuned for more construction cost calculation tips!
00:00 Introduction to Project Costing
00:20 Understanding Profit Margins and Pricing Strategies
00:30 Construction Accounting Mistakes
If you're interested in streamlining your construction projects, enhancing efficiency, or simply learning more about how technology can elevate your operations, we encourage you to explore what JobTread has to offer.
For more information, a demo, or to sign up for @JobTread, please visit: [ Ссылка ]
I want to extend a heartfelt thank you to Eric Fortenberry for joining us and sharing his incredible journey from the world of investment banking to revolutionizing the construction industry through technology. Eric's story is a testament to the power of innovation, determination, and the impact of bringing tech-driven solutions to traditional fields.
Through JobTread, Eric has not only streamlined project management and estimating processes for construction companies but also paved the way for a more efficient, profitable, and technologically advanced industry. His insights today remind us of the importance of embracing change, the potential of technology to solve complex problems, and the value of applying entrepreneurial lessons to drive success in any sector.
Before we sign off, a quick word about Better Boss-our own venture into elevating the construction industry. At Better Boss, we're passionate about harnessing technology to streamline your business operations, from sales and estimating to project management and beyond. Our goal is to not just improve your job finances and customer experiences but to transform your business into a model of efficiency and innovation.
Discover how @betterboss can make a difference for you at [ Ссылка ]
Join us next time as we continue to explore the innovations shaping our industry, helping you build smarter, faster, and with greater confidence. I'm Nick Peret, thanking you for tuning in, and reminding you that in the world of construction, you're not just building structures; you're building the future.
This is Construction Tech Talk - Signing off, until next time.
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Construction Accounting Strategies for Maximum Profits
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