Construction Business Management - Case Study on How To Use Markup to Successfully Run a Construction Business, Module 4C

In this video I run through an example of Markup and how it is developed from the key components of the Income Statement. Total Sales, Overhead, Direct Job Costs, and Profit are discussed in detail. I also discuss the things that a construction business owner needs to be aware of when negotiating on price. Please subscribe and check the Construction Business Management Playlist to see more videos in this series and click the bell to be notified of updates. Comments and your experiences are welcome as it add to the construction community and knowledge base. Others Posted So Far in this Series: Tutorial 1A Entrepreneur & Change https://youtu.be/w_qCkPUQoV0 Tutorial 1B Business Structure https://youtu.be/jdp69GRm-1o Tutorial 2A Bus Plan Mission https://youtu.be/3MwMMvPSy2c Tutorial 2B Goals, Grit https://youtu.be/__C1KwfKVoE Tutorial 3A Bus Plan details https://youtu.be/jWYeyFrXOSA Tutorial 3B Strategy https://youtu.be/k2Maeb6872U Tutorial 4A Financials Part 1 https://youtu.be/ZxiSDGPIdko Tutorial 4B Income Statement https://youtu.be/xBFxPJ_d--Y