Why Margins Matter In Residential Construction

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Builders, Have you ever wondered why you're not making your desired income despite putting in long hours? 🤔
Don't worry, you're not alone.
You see, most builders fall into this trap because they miscalculate this one thing...
"Gross Profit Margin."
Let's say you put a markup of 20%. In reality, you're only getting a profit margin of 17.6%...
And when builders confuse their "mark-up" and "profit margin," they fall into the hamster wheel of working harder without making more money.
In this episode, you'll discover:
✅ Strategies for reinventing yourself and overcoming limiting beliefs
✅ How accepting low-margin projects for portfolio growth can be detrimental in the long run.
✅ The critical role of your foreman that will make or break your business's profit.
✅ A key tool that offers a clear bird's-eye view that will increase your profitability.
✅ The best way to position yourself as “the expert” in the eyes of your prospects.
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