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Estimating is a skill that can make or break a career or
company. Understanding the estimating and bidding
processes is essential for your business to remain
profitable.
This is newsletter #46 in the series. If you have
missed prior newsletters, and are enjoying the series,
we encourage you to purchase the complete Electrical
Estimating Program. Click on the coupon at the bottom
of this page.
Most contractors apply profit as a percentage of break-even cost, so be sure to use a markup multiplier, not the percent of profit to sales value from the financial statement!
For more information on this topic, get a copy of Mike Holt's Electrical Estimating video program and textbook.
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We'd love to hear from you about this series, and
the ways you're using it. Send us your comments
and feedback by clicking on Post a Comment below.
Look out for the next part in this series a month
from now, and please share with your colleagues.
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