Job Costing Kenosha WI

Most estimators assume that eight hours on the jobsite are eight productive hours. With no job costing, you'll never discover how misguided that assumption is.

Local Companies

Yutka Fence, Inc.
(262) 552-7967
6606 34th Ave
Kenosha, WI
Accents In Concrete
262-620-1717
2009 104th Str.
Pleasant Pr., WI
American Family Remodeling Inc.
847-223-2668
435 Old Walnut Circle
Gurnee, IL
Mikes Crane Rental
847-623-0243
25 LeBaron
waukegan, IL
Buskirk Construction
(262) 657-0808
Kenosha, WI
5 Star Construction
(262) 697-0030
6825 105th Ave
Kenosha, WI
R & R Construction Co Inc
(262) 654-5477
6105 22nd Ave
Kenosha, WI
Total One Custom Carpentry Llc
(262) 925-8629
Kenosha, WI
L & L Concrete
(262) 652-2700
4224 43rd Ave
Kenosha, WI
Professional Painting & Decorating
(262) 553-1016
Kenosha, WI


There's a debate currently raging surrounding the relative merits of time and materials billing vs. fixed-price contracts.

In most respects, I think it's no contest: Fixed pricing wins hands down for lots of reasons. It holds the potential for higher margins. It provides a strong incentive to clients and remodelers alike to buy right. And it keeps clients' prying eyes away from parts of the business, like markup, that they wouldn't understand anyway.

There's a dark side to fixed-price contracts, however, and it has to do with what is perceived to be another advantage: Fixed-price contracts are easy to administrate.

What turns this advantage into a liability? Most remodelers working with fixed-price contracts pay attention to costs just long enough to price and sell the job. After that, they can apply for scheduled draws or so-called progress payments without ever taking another look at how the actual costs of construction squares with their estimate.

Paid as You Go

Unfortunately, profit depends not just on what you sell the job for but on how much you spend to produce it. T&M contracts won't solve this problem — they're too open-ended — but cost-plus contracts just might. They may be time-consuming to administrate, but so is job costing. That's why most remodelers either don't do it or wait until long after the job is over to find out whether or not they made any money.

Click here to read full article from Remodeling

Featured Local Company

Yutka Fence, Inc.

2625527967
6606 34th Ave
Kenosha, WI
www.yutkafence.com

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