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Hey {{first_name}} ,
Grab a napkin…Pick your last completed project and write down three numbers:
A) What the client paid you.
B) What you spent on that job - labor, subs, materials, permits, dumpsters. Everything that went out the door to build it.
C) What's left. (A minus B.)
Now divide C by A.
That's your rough job margin on that project.
Here's the part that stings:
That number is all you have to pay for your trucks, gas, phones, shop, insurance, software, office staff, your own salary... everything it takes to keep the lights on.
Whatever is left after that is what you actually take home. Ouch.
If that number is under 20%, you're in trouble.
If it's under 15%, that job may have cost you money and you don't know it yet.
And if you couldn't get to B without calling your bookkeeper or digging through receipts for 20 minutes... that's the real problem.
When I finally did this on our own jobs a few years ago, I was sure we were around 22%…Actual number: 7%.
Same jobs. Same clients. Same trades.
The gap wasn't in the work. It was in the math we never did.
We went from sub-10% to 30%+ margins by fixing that math first.
No new leads. No new markets.
This napkin test is one of four profit leaks most remodelers never see.
The free Profit Leak Scorecard shows you all four - and which one is costing you the most in real dollars.
Take the Profit Leak Scorecard and see your number.
https://remodel-coach.com/scorecard
Until next week,
Brandon
