What is Included in the Cost of Your Project?
Time:
- Consulting with you and specialty contractors about the project
- Scheduling, coordinating and supervising all work
- Scheduling and coordinating specialty contractors
- Ordering specialty materials and supplies
- Scheduling and coordinating deliveries
- Completing all paperwork
- Purchasing building permits
- Scheduling inspections
- Obtaining approvals
- Setting up and tearing down tools and equipment
- Picking up materials for your project
- Working on your project
- Cleaning the job site
- Estimating and producing change orders
Materials:
- Actual “visible” materials installed on the project
- Related supplies (ie., fasteners, glue, caulk, shims, etc.)
- Dumpster, port-a-potty & surface protection
Margin:
- Marketing . . . so you can find me
- Office . . . so you can contact me
- Telephones . . . so I can communicate with you about your job and concerns
- Office Equipment . . . computer, answering machine, fax, copier, etc.
- Bookkeeping . . . so I can track your job costs and progress
- Billing Function . . . so I can collect and continue to exist
- Bill Paying Function . . . so I can pay for your materials and specialty contractors
- Office Heat & Electricity . . . so I can function
- Legal Fees . . . for advice and counseling
- Accounting Fees . . . so I can pay Uncle Sam as little as possible
- Businesses Taxes . . . so the government maintains its girth
- Initial Meetings . . . so you get to know us, and we get to know you and your project
- Warranty Service . . . so I can fix those inevitable problems
- Estimate & Contract with Revisions . . . so you know the scope of work and price
- Vehicle Maintenance . . . so I can get to and from your project
- Tools & Equipment . . . so the job can be done accurately and with quality
- Repairs & Maintenance . . . so the job does not have to stop
- Association Memberships & Dues . . . to improve my professionalism
- Books, Subscriptions & Continuing Education . . . to improve my knowledge
- Liability Insurance . . . so you know we are covered, and we know you are covered
- Health Insurance . . . so we can continue working
- Disability Insurance . . . so we can continue earning a living
There is a long way to go before overhead and profit really become profit...at which point it will be taxed.