| | | Markup and Profit | |  Electrician | 7 articles |
| Page 1 of 1 | Previous | Next | MARKUP AND PROFIT FEBRUARY 10, 2011 Don't Forget Your Wiring An electrician I know commented to me on the lack of media wiring done by remodeling contractors. Ironically when we built our new office and garage I repeatedly told our electrician that I wanted an outlet for cable for my computer (probably exactly how I asked for it). Home Blog Home About Michael About Our Company Contact Us RSS Feed Markup and Profit Blog We like to see the Good Guys Win! Feb 10 Don’t Forget The Wiring Tweet I’ll bet you have a computer in your home – maybe even a few computers. So do most of your clients. Install hard wires where possible. | MARKUP AND PROFIT SEPTEMBER 24, 2010 Daily5Remodel – Valuable Construction Industry Info In one case, after doing a Google search on an electrician I wanted to hire, I somehow came to an employee’s Facebook page. Home Blog Home About Michael About Our Company Contact Us RSS Feed Markup and Profit Blog We like to see the Good Guys Win! Sep 24 Daily5Remodel – Valuable Construction Industry Info Tweet If you haven’t visited Leah Thayer’s new website yet, www.daily5remodel.com , you should. It went live on Monday, she’s posting five pertinent articles every day, on Benchmarks, Best Practices, Snapshots, Innovations and Answers. See the answers here.) | | | | | |
| MARKUP AND PROFIT DECEMBER 16, 2010 Make Sure You Can Collect that Final Payment “We don’t like how long the job took to do so we don’t think we owe you the final payment.&# “You didn’t control the (pick one) plumber, electrician, drywall installer, roofer we hired and he didn’t do a good job, so we don’t think we should pay you.&# “We don’t think we are going to pay you because you harassed us about signing your change work orders. Home Blog Home About Michael About Our Company Contact Us RSS Feed Markup and Profit Blog We like to see the Good Guys Win! They talk all the way around it. Then do it. Great site. | MARKUP AND PROFIT APRIL 9, 2012 Business is business Somehow, the business rules that apply to remodeling contractors or new home builders or electricians or sheetrockers don’t apply to home performance contractors. We are getting more and more into the home performance field, helping contractors involved in that growing industry to do a better job of running and managing their businesses. Home performance is growing and I think it is a good idea for contractors to take a look at this aspect of construction industry and adjust their own business to take advantage of new opportunities that are rising to the top. Guess what? General | MARKUP AND PROFIT OCTOBER 31, 2011 I’m Late, I’m Late! remember my dad getting all over one of his electricians because he showed up to work at 9 am instead of the normal starting time of 7 am. It turned out that the electrician had spent most of the night on faulty circuits in a restaurant in town so the restaurant could be back in business for breakfast. Wasn’t that what the Rabbit said in the fairy tale, Alice in Wonderland? It’s my opinion, that being late is almost always a habit. It’s a bad habit. If you’re a construction business owner who has the habit of being late, change the habit. General | MARKUP AND PROFIT OCTOBER 17, 2011 Your Clients and Your Subs This is part of an email I received from a very frustrated general contractor: Recently my electrician told me that the client called him directly one evening to ask why there is no electricity in one part of the house and my electrician guided him on how to reset a GFCI outlet that was purposely tripped a day before to prove to the city inspector that a circuit is GFCI protected. When I asked my electrician how come the client is now contacting him directly without my knowledge? If the electrician won’t do that, it’s time to find a new electrician. | | | | | | | |
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MARKUP AND PROFIT | WEDNESDAY, SEPTEMBER 15, 2010 Recover Overhead and Profit in your Labor Rate | Markup and Profit.
If you bring in an electrician, plumber or HVAC sub, add a similar percentage to the amount they would bill us for their work. Home Blog Home About Michael About Our Company Contact Us RSS Feed Markup and Profit Blog We like to see the Good Guys Win! Sep 15 Recover Overhead and Profit in your Labor Rate Tweet I’m going to go back to a basic concept for this blog post – pricing your work. There are four basic ways to charge for your construction related services. These are fixed fee or lump sum pricing, Time & Material pricing, Cost Plus, and using an hourly rate. MORE >>
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