Construction Accounting
Construction Profit Margin: What It Is and How to Improve Yours
Construction profit margin is one of the most important financial indicators for contractors, yet it’s also one of the most misunderstood. With unpredictable material costs, labor shortages, scope changes, and narrow bid competitiveness, turning a consistent profit in construction is becoming harder each year. Even a minor miscalculation or delay can erode your bottom line. […]