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The Relationship Between Pricing, Overhead and Job Cost
Manage episode 378034389 series 3314227
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Are you pricing your jobs correctly? If you don't have a good understanding of your job costs and overhead percentage, the answer is probably no. This week on the podcast, we're discussing how to get a handle on these numbers and make better financial decisions for your construction company,
Topics we cover in this episode include:
- What you should and shouldn't post as overhead
- Ideas for contractors trying to wrap their head around their numbers
- Carving out Materials & Subs
- Overhead grows when you top line grows
LINKS
Visit the episode page at https://CarpenterCPAs.com/jobcosting for more details and a transcript of the show.
Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
Chapters
1. The Relationship Between Pricing, Overhead and Job Cost (00:00:00)
2. The importance of understanding your overhead (00:01:23)
3. You need to use the right factor to esimate your overhead (00:04:38)
4. What you should and shouldn't post as overhead (00:09:54)
5. Ideas for contractors trying to wrap their head around their numbers (00:10:49)
6. Carving out Materials & Subs (00:12:10)
7. Overhead grows when you top line grows (00:17:27)
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