Understanding Margin and Markup—The Key to Profitability

Provider: Informa
Discipline: Ethics & Business Practices
Credits: 1.50

If your overhead is 20 percent and your markup is 25 percent, can you make money? The answer is no! This session will help you understand how to avoid the mistake of confusing the markup you charge with the margin you achieve.

1. Discover how to stop losing money on jobs
2. Find job costs hiding in your overhead
3. Create a markup to margin conversion
4. Determine how to price jobs with enough markup to cover overhead and create a profit

For more information please visit www.worldofconcrete.com or contact Informa at 972-536-6416.

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