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Construction Subcontractor Bidding: Margin vs Markup
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Accurately estimating the markup on your bid is critical for construction contractors, but many contractors don’t know how to estimate the markup they’ll need to cover job costs plus overhead and still turn their projected profit margins. In this video, Scott explains the relationship between markup and margin, and how to accurately estimate your markup.
A few more resources on bidding and profit margin:
A few more resources on bidding and profit margin:
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