Profit Engine
Time and Materials Pricing: How to Increase Profit Margin on Small Jobs
Time and materials billing holds a steady margin on small jobs because the hours are billed as worked. A renovation contractor found his hourly jobs out-earning quotes built on $85 an hour plus a 24% markup, so Stuart Trier proposed billing every job under $50,000 that way.
38.75%
gross profit on a $122,000 hourly job
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