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BUSINESS 331: Job Costing for Profit Versus Existence

Learning Objectives

  • Review overhead, expenses, markup, gross margin, and profit.
  • Discuss what is an appropriate markup or gross margin.
  • Identify what your products and services worth. What are you worth?
  • Define your value and find ways to improve it.

Description


Determine how much your product or service is worth based on your costs, overhead, and after what you think is a fair return or profit. Whether you are a small service company, retail store, or a large builder, the formulas are similar. Everyone in business should constantly review his or her costs and profitability in our continually changing industry.

Time/ Credits


2:00 hrs
0.2 IACET CEUs

Instructor Brian Van Bower, SWD Master

Brian Van Bower, SWD Master, GENESIS® Ambassador & Co-Founder


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