Quote:
Originally Posted by Biggd
In the real world, a contractor would mark up the job 100%. Whatever your materials cost, double it. Obviously, he's not making 100% mark up with labor, insurance costs, and other expenses.
With the market today and all the work available to them I'm sure it's more now.
So, bottom line I would expect them to come away with at least 30% if not more.
I think in most service related businesses, if the owner isn't making 30% for himself, he's better off just getting a job!
Most successful business owners work 60 plus hours a week.
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30% to the bottom line is not seen in many businesses. That is a huge profit. Think about it, a $3,000,000 revenue company’s owner would make $900,000! That doesn’t happen often.