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#75: Estimating - The Backbone of Every Business
Manage episode 434327996 series 3467527
Join host Aaron Clippinger as he dives into the crucial world of estimating in business. Whether you're a small local operation or competing on a national scale, getting your estimates right is essential to success. Aaron breaks down the four key inputs that every estimate must include—materials, labor, machine costs, and subcontracting—and explains how to ensure your pricing is both accurate and competitive. He also shares personal anecdotes, including an exciting update on recent job interviews and a sneak peek into his family's upcoming triple birthday celebration.
Key Takeaways:
The importance of accurate estimating and its impact on profitability.
How to properly calculate labor costs, including the often-overlooked factors like worker's comp and equipment depreciation.
Tips for setting up labor departments in your estimating software to reflect the true costs of doing business.
Why overhead costs are a critical component in the estimating process.
Whether you're a seasoned business owner or just starting out, this episode provides valuable insights to help you master the art of estimating and keep your business on the path to profitability.
Listen now and learn how to fine-tune your estimating process for better results!
The AC Method is hosted by Aaron Clippinger and sponsored by SquareCoil. Go to https://www.squarecoil.com to streamline your custom industry today.
Connect with Aaron and The AC Method community:
https://www.linkedin.com/in/aaronclippinger
https://www.instagram.com/theacmethod/
https://facebook.com/profile.php?id=100063971505812
https://www.tiktok.com/@squarecoil"
Learn more about your ad choices. Visit megaphone.fm/adchoices
79 afleveringen
Manage episode 434327996 series 3467527
Join host Aaron Clippinger as he dives into the crucial world of estimating in business. Whether you're a small local operation or competing on a national scale, getting your estimates right is essential to success. Aaron breaks down the four key inputs that every estimate must include—materials, labor, machine costs, and subcontracting—and explains how to ensure your pricing is both accurate and competitive. He also shares personal anecdotes, including an exciting update on recent job interviews and a sneak peek into his family's upcoming triple birthday celebration.
Key Takeaways:
The importance of accurate estimating and its impact on profitability.
How to properly calculate labor costs, including the often-overlooked factors like worker's comp and equipment depreciation.
Tips for setting up labor departments in your estimating software to reflect the true costs of doing business.
Why overhead costs are a critical component in the estimating process.
Whether you're a seasoned business owner or just starting out, this episode provides valuable insights to help you master the art of estimating and keep your business on the path to profitability.
Listen now and learn how to fine-tune your estimating process for better results!
The AC Method is hosted by Aaron Clippinger and sponsored by SquareCoil. Go to https://www.squarecoil.com to streamline your custom industry today.
Connect with Aaron and The AC Method community:
https://www.linkedin.com/in/aaronclippinger
https://www.instagram.com/theacmethod/
https://facebook.com/profile.php?id=100063971505812
https://www.tiktok.com/@squarecoil"
Learn more about your ad choices. Visit megaphone.fm/adchoices
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