Don't make this #construction #estimating mistake! Understand markup vs. margin

A common error in estimating is the assumption that markup and margin are interchangeable. Although both can be used to calculate a sales price for your estimates, knowing the difference between markup and margin could save your bottom line. - - Get organized, complete your projects on time, and increase your profits. JobTread is end-to-end construction management software that helps you manage all of your business processes, from sales and estimating through to project completion. See a full list of JobTread features below: Sales & Estimating -Construction CRM -Templates & Cost Catalog -Bid Requests -Estimates -Customer Selections -Contracts & eSignatures Project Management -Purchase Orders -Daily Logs -Tasks & Scheduling -Files, Photos, & Videos -Customer & Vendor Portals -Custom Views & Reporting Finances & Cash Flow -Change Orders -Customer Invoices -Collect Online Payments -Sub & Vendor Bills -Job Costing -Quickbooks Integration "JobTread has been a Godsend for me. It saves me so much time and cuts down on my estimating time exponentially. Previously, it took me 5-6 hours to do a 9-page estimate... now it only takes me 1 hour to make the same kind of estimate." -Rod Battle, Battle Home Renovations Ready to Take the Next Step Toward Success? Visit www.jobtread.com to learn more! Schedule a demo and see if JobTread is a good fit for you: https://www.jobtread.com/more-info "Do it, just get JobTread. It is going to benefit you. It has literally made my life easier so I can't tell you enough, just get it." -Francisca Derouen, Texas Liberty Construction Who Uses JobTread? From homebuilders to specialty contractors, JobTread helps small to mid-size construction companies throughout the US and internationally. Home builders, remodelers, general contractors, specialty contractors, electricians, excavators, flooring installers, landscapers, plumbers, painters, masons, HVAC installers, pool & spa, concrete, decking, patio, and drywall contractors.