Join Kyle Hunt as he chats with Eric Fortenberry, CEO of JobTread, about the crucial role of estimating in construction. They discuss the importance of templates, job costing, and streamlined processes. Learn how JobTread empowers remodelers with efficient estimating practices and client-friendly estimates.
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question_answer ANECDOTE
Built JobTread From A Real Estimating Problem
Eric built JobTread after taking over a friend's construction company and fixing its estimating chaos.
He grew the business from $5M to $8M and increased gross profit by 43% by documenting costs and using margin-based pricing.
volunteer_activism ADVICE
Start With Full Templates
Create templates and a uniform estimate format so you never forget common items like permits.
Start with everything in a template and remove irrelevant items for each job.
volunteer_activism ADVICE
Leverage Formulas And Production Rates
Use measurement-based formulas and known production rates to estimate labor and materials.
Choose between detailed takeoffs or allowance placeholders depending on your sales stage and client commitment.
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Join Kyle Hunt in an enlightening conversation with Eric Fortenberry, the founder and CEO of JobTread. Together, they delve into the pivotal role of estimating in construction and remodeling businesses, uncovering best practices for precision and efficiency. From stressing the importance of templates, uniform formats, and detailed estimates, to illuminating the advantages of job costing, they unravel essential strategies for honing estimating accuracy.
Moreover, Eric sheds light on how JobTread empowers remodelers with a streamlined estimating process and the flexibility to present estimates to clients in a manner that suits their needs. Tune in to gain valuable insights on optimizing your estimating practices and enhancing your remodeling business with the expertise shared in this engaging episode!
Explore the vast array of tools, training courses, a podcast, and a supportive community of over 1,900 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights!
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Takeaways
Estimating is a crucial aspect of running a successful remodeling business.
Using templates and uniform formats can help ensure accurate and consistent estimates.
Job costing is essential for improving estimating accuracy and profitability.
Speeding up the estimating process can be achieved through systems, processes, and delegation.
Providing a detailed and interactive estimate can enhance the customer experience and increase the likelihood of winning the job.
JobTread is a software that helps remodelers streamline their estimating process and offers flexibility in presenting estimates to clients.
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Chapters
00:00 Introduction and Overview 01:01 Guest Introduction: Eric Fortenberry 07:24 Best Practices for Accurate and Efficient Estimating 13:03 The Benefits of Job Costing and Performance Analysis 24:48 Enhancing the Customer Experience through Detailed Estimates 31:50 Streamlining Estimating with JobTread Software
Remodelers On The Rise 