j_sims
09-14-2013, 09:46 AM
I live in the Central Texas area and have in business for myself as a General Contractor (construction) for about 10 years.
I am a Sole Proprietor biz, that has been between so-so to moderate in terms of "success".
My profession I know very well as far as the hands on, the business end of it not so much.
My epiphany came when I was restructuring my hourly rate. I, like most contractors, was doing a 20% markup across the board
not considering Direct and Indirect cost, because that's the way I thought it should be.
Amazing how little I was actually netting by the hour.
The more I got into restructuring this process....the more questions I had than answers........which led me here.
I will have a few Biz 101 questions with not an abundance of input unless some one has a question on the practical part of business
Anyway.....HOWDY from the Great State of Texas :D
I am a Sole Proprietor biz, that has been between so-so to moderate in terms of "success".
My profession I know very well as far as the hands on, the business end of it not so much.
My epiphany came when I was restructuring my hourly rate. I, like most contractors, was doing a 20% markup across the board
not considering Direct and Indirect cost, because that's the way I thought it should be.
Amazing how little I was actually netting by the hour.
The more I got into restructuring this process....the more questions I had than answers........which led me here.
I will have a few Biz 101 questions with not an abundance of input unless some one has a question on the practical part of business
Anyway.....HOWDY from the Great State of Texas :D