Job Costing Moreno Valley CA

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

BC Masonry
951-684-6484
2838 Rumsey Drive
Riverside, CA
Bebow's Home Improvements, Inc.
909 783-2077
2281 La Crosse Ave., Ste 501
Colton, CA
SHERGOLD DESIGN
(909) 856-1588
411 w sunset drive
redlands, CA
Robert Johnson construction
909-709-9654
103 nanette Street
redlands, CA
Troy Construction Services
(909) 289-8373 or (909) 438-1524
1365 Crafton Ave
Redlands, CA
Blackburn Creations
909-790-9999
34947 Cedar ave.
Yucaipa, CA
Handy-Do Handyman
714-293-8354
3666 Conning St
Riverside, CA
Nelson Home Maintenance
909-910-3428
25375 E Toluca Drive
San Bernardino, CA
L.A. Tennis Courts Surfacing
951-347-5125
28830 Sherborn Court
Menifee, CA
SORICO SWIMMING POOL DESIGNS
951-226-0650
31505 STONEY CREEK DR
LAKE ELSINORE, CA


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

BC Masonry

951-684-6484
2838 Rumsey Drive
Riverside, CA
www.bcmasonryriverside.com

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