Pricing
Uniform Percentage Markup Method
Uniform Percentage Markup Method is the expression coined by builder and author David Gerstel in his book Running a Successful Construction Company_ to describe a markup methodology author of that places a markup to achieve a prescribed Gross Profit on the sum of all...Total Volume Based Markup Method
Total Volume Based Markup Method is the expression I use to describe a markup methodology that places a markup to archive a prescribed Gross Profit on the sum of all the Labor, Materials, SubContractor and Equipment costs. It is also sometimes called Margin Based...Target Costing
A target cost is calculated by subtracting a desired profit margin from an estimated or a market-based price to arrive at a desired production, engineering, or marketing cost. This may not be the initial production cost, but one expected to be achieved during the...Gross Profit
Gross Profit equals Revenue minus Cost of Goods Sold. It identifies the amount available to cover other operating expenses. Also known as Gross MarginNet Profit
Net Profit is gross profit, less selling costs and administrative overhead. It’s the profit remaining in a business after all expenses have been taken out, but before taxation. Net Profit is a subset of a company’ Gross Profit See also Net profit – Wikipedia,...The Building & Remodeling Wiki Sponsors:
