Job Costing Owosso MI

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

Eagle Eye Hme Improvements
810-210-1224
1387 s. byron
lennon, MI
Crites Painting Inc
(989) 723-1854
1104 Harding Ave
Owosso, MI
Home Specialist
(989) 723-9339
1675 N M 52
Owosso, MI
Birch Construction
(231) 799-8453
Muskegon, MI
J & J Home Improvements
(269) 445-8687
156 S Broadway St
Cassopolis, MI
Michigan Stairway
(616) 396-8927
1252 Hearthstone Ct
Holland, MI
Gentner Construction Inc
(810) 667-3575
Mayville, MI
Serra John
(231) 865-6870
7154 Cooley Rd
Fruitport, MI
Proselect Inc
(231) 943-4280
1775 Perrys Loop
Grawn, MI
Roofing Man the
(989) 752-1188
4995 N Michigan Ave
Saginaw, MI


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

Eagle Eye Hme Improvements

810-210-1224
1387 s. byron
lennon, MI


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