Contractor World Land

When contractors say they’re making a 20% profit margin, they’re usually only looking at direct materials and labor. But what about the permit application that took three hours? The two extra trips to the supply house because the client changed their mind? The 45 minutes spent explaining the delay to an anxious homeowner?

The Hidden Costs Every Contractor Needs to Factor Into Their Bids - ContractorWorldLand You just finished calculating materials and labor for your latest bid. The numbers look good—$15,000 for materials, 80 hours of labor at $45/hour, add a 20% profit margin, and you’re looking at a $21,600 bid. But six weeks later, you’re wondering why this “profitable” job barely broke even...