WE01 - Markup, Margin, and Cash Flow

Wednesday, October 14 from 8:00 AM to 9:30 AM « Back

In this class, you will discover the use of math formulas that help you make better financial decisions, including:
• How to accurately calculate Markup and gross margin
• Scaling your markup based on job size
• Purchasing / hiring using gross margin
• Calculating your error factor and using it in your estimate

1. Review minimum markup or gross margins for your company
2. Assess what causes cash flow problems for a construction company
3. Outline how and when markup or gross margins can be adjusted
4. Discuss how to set payment schedules for construction work to assure good cash flow

Credits: 1.5 AIA CES/LU

Education Tracks: Business Finance

Event Type: Conference Seminars > Session