Tag Archive: overhead

Dec 08

E604: Year End Overhead Review

Overhead costs can erode our profits if we are not using the correct markups.   We are closing out 2016 Time to start reviewing our year We need to take a look at how we did A key area to review is our overhead Overhead and administrative┬ácosts can be a silent killer Most contractors price …

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Oct 06

E559: Managing Fixed Costs

Stay on top of fixed costs to protect your business.   Overhead and fixed costs Office space, land, buildings, etc. Insurance, bonds, lead services, etc Computers, printers, etc. Supplies and other office related items Staffing All part of the business we need to manage just like a project We need to create a budget and …

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Mar 07

E406: Ask Coach – Is Your Overhead Estimate Right?

Tracking and correcting overhead is just as important as job productivity.   Common miscalculations Using a standard overhead markup and not checking it Not allowing for fluctuations in sales Not checking and tracking overhead The best way If it’s job-related it should be part of your cost of goods sold (COG) Set your rates based …

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Nov 13

Episode 64 – Managing Overhead

“To increase profits you must fist control your costs.” Today we look at getting a handle on our overhead costs.

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Sep 30

Episode 32 Overhead vs Job Costs

Today I discuss a topic I get questioned about all the time from my subcontractor clients, overhead costs versus job costs. This usually comes up in a conversation about a change order on a project where the contract limits the allowable overhead percentages to 10% or 15%. ┬áThe argument is always, “my overhead is more …

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