EP285: How to Stop Costly Estimating Mistakes for Contractors

What if your contracting business is losing money before your crew ever steps onto the job site? A job doesn’t always become unprofitable during production. Sometimes, the profit was already gone the moment you sold it. In this episode, Brad talks about: The importance of accurate job costingCommon estimating mistakes: guessing labor and material costsUnderstanding true labor burden ratesThe impact of non-productive time on project timelinesThe dangers of pricing based on competitionThe necessity of a clear scope of workStrategies to avoid discounting correct estimates Links to resources Grab my free job costing worksheet and start job costing every job right away.https://go.hammercrm.com/widget/form/4Bws6E9GGX0RZPoED1bn Want to go deeper?Check out the Contractor Profit Blueprint: https://www.thecontractorprofitblueprint.com/Book a strategy call with Brad: https://hammerandgrind.com/qualification-website Enjoying the podcast? Visit our website at https://www.hammerandgrindpodcast.com for the latest episodes, resources, and more. Have a question, story, or topic you'd like us to cover? Leave us a message here: https://www.hammerandgrindpodcast.com/voicemail.We'd love to hear from you, and your message could be featured on a future episode! Help us get the word out to other contractors by leaving us a review or sharing our podcast! Hosted on Acast. See acast.com/privacy for more information.