Accurate Job Costing Improves Profits

Date October 30, 2016

Do you include all of your costs when preparing a contract bid? Job costing involves not only the direct expenses of labor and materials, but many indirect costs such as depreciation, overhead, employee benefits, equipment, tools and other outlays necessary to operate your construction business — even if they are not related to any one specific job.

Don’t forget to consider all of these indirect costs and compute them accurately when you bid a job. With detailed job cost reports, you can track the profitability of each project.

Contact HBK. We can help you develop or fine tune a job costing system that accurately reflects the cost of doing business. More precise estimates lead to more profitable bids.

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