by J. Jerrald Hayes | Sep 14, 2018 | 360 Difference Software, Markup & Pricing
Lately, I’ve been working with a lot of contractors who have their own shop space or have other friends and colleagues who have just gone the root of setting up a shop space or have a storage yard somewhere so I made some modifications to the Capacity Based Markup...
by J. Jerrald Hayes | May 31, 2018 | 360 Difference Software, Books, Estimating, FileMaker, Labor Rates, Macintosh Software, Markup & Pricing
This is my own critical look at The ProRemodeler “The Big Reveal” Article which appeared in the May 2018 issue of ProRemodeler. A friend and colleague of mine posted a link to the article in a FaceBook group for Building & Remodeling Professionals...
by J. Jerrald Hayes | Jul 29, 2017 | Estimating, Marketing, Markup & Pricing
Apparently professional market research says 10% of buyers in any market will always go for the premium option and about 10% will always go for the cheapest option. That means at least 90% of the market does not use lowest price as their #1 buying criteria. Yet most...
by J. Jerrald Hayes | May 31, 2016 | Marketing, Markup & Pricing, Productivity
A good look at how think about and approaching delegation of work from Kyle Hunt a Michigan-based marketing expert. Work for $1,000 an Hour I work as a consultant, and here’s something I’ve consistently heard from my remodeling clients over the last...
by J. Jerrald Hayes | Apr 10, 2014 | 360 Difference Software, Markup & Pricing, Ω - Revised
Introduction Through out the web you’ll find blurbs from one of the best selling books on understanding markup for contractors saying: To succeed in a construction business, you have to price your jobs to cover all labor, material and overhead expenses, and make...
by J. Jerrald Hayes | Apr 9, 2014 | Markup & Pricing
Comparing the Traditional Volume Based Markup vs. a Capacity Based Markup Methodology (aka a PROOF/Indexed/Labor Allocated Markup Method) (Originally posted in February of 2004) I recently got up one morning and checking the Journal of Light Construction homepage I...
by J. Jerrald Hayes | Apr 8, 2014 | Markup & Pricing
As part of an online discussion/debate regarding the validity of a a Capacity Based Markup system (JLC-Why the PROOF System is Illogical – 12/11/2005 – here’s a preview about how I think,…No, its not.) Allan Edwards of Allan Edwards Builder;...
by J. Jerrald Hayes | Jul 7, 2011 | Books, Contracting 101, Markup & Pricing
Well it looks like Ellen Rohr’s two great books that I so often recommend , How Much Should I Charge? Pricing Basics For Making Money Doing What You Love and Where Did the Money Go?: Accounting Basics for the Business Owner Who Wants to Get Profitable, have...
by J. Jerrald Hayes | Oct 23, 2007 | Books, Contracting 101, Management, Markup & Pricing, The Little Lessons
Relative Income, It’s a great concept so what is so many of us don’t seem t get it. As I was working today I was re-reading The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich, by Timothy Ferris by listening to the audio book edition as I...
by J. Jerrald Hayes | Apr 18, 2007 | Books, Branding, Marketing, & Advertising, Markup & Pricing
There’s an interesting article in Reuben Swartz’s Dollars and Sense: The Pricing Blog entitled: Why Starbucks Coffee Is Cheap that presents a rational and explains that “if caffeine is what you want, and you want it in volume, Starbucks is your...