263 - Why Your 40% Margin Becomes 33% (And How to Fix It)
The Cash Flow Contractor
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Mastering Cost Tracking in Contracting
This chapter explores the critical importance of accurate inventory and expense tracking in construction and contracting. It emphasizes the needs of categorizing costs correctly to protect profit margins and make informed financial decisions while highlighting the complexities surrounding burdening in job costing. The discussion further reveals how misunderstandings of pricing strategies can lead to financial pitfalls, advocating for clearer methodologies to enhance profitability.
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