I recently subscribed to Hanley Woods “Professional Deck Builders”, a magazine geared more towards the cosntruction of wood and synthetic decks.
The November 2007 issue, has an excellent article that applies to all contracting trades, including the waterproof deck coating trade that I have to recommend as required reading for those contractors looking to improve your bottom line.
The article, “Are You a Tradesperson or a Businessperson?” by Anne W West, describes common mistakes contractors make as buisnessmen.
Understanding the true cost of labor, job costing, estimating tips and a discussion on understanding gross margin and net profit and projecting cash flow are discussed and sound advice dispensed.
Subscribe to Professional Deck Builder 888-269-8410 or email to prodeck@omeda.com.
Get an individual copy of Novembers issue for $8.00, not a bad investment for this article!