Information Sells

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 [...]

Tags: margin, mark up, profit

When you own your own business, there are so many things that demand your attention, it is very easy to lose sight of what’s important. Sometimes, in fact, we allow ourselves to become distracted as a defense against feeling helpless and overwhelmed. When everything needs to be done – and done yesterday – you may [...]

Tags: accounting, bottom line, priorities, profit