Archive for the tag 'mark up'

Aug 15 2009

Are You Losing Money By Calculating Margins Wrong?

Published by under Product Development

I spent time on Friday helping a client update spreadsheets and Excel reports that used an incorrect formula to calculate the margin on bids for construction jobs. While this particular client was looking for a margin of 25%, he was actually getting one closer to 20%. On a $100,000.00 bid, that can be the difference [...]

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