This course discusses the most common problems leading to failure of construction companies. Topics include common mathematical errors related to estimating, insufficient advertising, incorrect profit-and-loss statements, incomplete contracts, insufficient supervision of employees and specialty contractors, incorrect calculation of markup, estimating and gross margins, budgets and job costing, common sales problems, and concerns with cost-plus and time & material contracts. Instructor: Michael Stone, former residential contractor, author and consultant for over five decades. Author of “Markup & Profit: A Contractor’s Guide Revisited”.
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