I bought a new 2019 Toro Dingo TX 1000 Wide Track for about $35,000. Today it has roughly 3,500 hours on it, it is completely paid off, and comparable used machines with similar age and hours appear to be worth somewhere around $15,000 to $20,000. So what has that machine actually cost my contracting business…
One of the easiest times to make a pricing mistake as a contractor is when you need the work. I know this because I still catch myself doing it. We recently completed a project that included two tiered retaining walls, sod, river stone, mulch and flagstone stepping stones. The total contract price was $16,835. When…
One of the easiest mistakes to make in a contracting business is looking at the money left over after a job and deciding whether the job was simply “good” or “bad.” A profitable job can still expose problems in your estimate. And a job that goes over budget in one category can still outperform your…