How to Reduce Costs and Improve Profitability as a Subcontractor
7 Secrets for a More Profitable Business
According to the Construction Financial Management Association, the average pretax net profit for specialty contractors is only 2.2–3.5%. With such razor-thin margins, you can’t afford to leave money on the table. Taking a critical eye to expenses like overhead, labor, materials, equipment, and general conditions helps you dial in your company’s finances and prevent hard-earned money from slipping through the cracks.
Download this e-book to learn how to risk less and earn more with these 7 simple tips to boost your bottom line.