Contractor Overcomes Competition to Make a Profit
Quoting at a price to cover expenses and profit, a contractor finds he cannot win jobs and thinks he must reduce his price. However, doing so would mean forgoing profit
The contractor was 1 of 10 people I nominated for an interview following a seminar at which I had spoken on “How to Detect and Eradicate Malignant Cancer in Your Business.” He was intrigued at the thought of week-by-week tracking of billed time and wanted to discuss it further.
As an electrical contractor, he employed 20 technicians installing electrical circuits in high-rise buildings and had struggled to make a profit during ...
Get Improving Profit: Using Contribution Metrics to Boost the Bottom Line now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.