Paradigm-360

Well it looks like Ellen Rohr’s two great books that I so often recommend , How Much Should I Charge? Pricing Basics For Making Money Doing What You Love and Where Did the Money Go?: Accounting Basics for the Business Owner Who Wants to Get Profitable, have gotten a makeover or facelift. Notice however I [...]

Introduction The Story Begins Part 1 – Labor Costs Part 2 – Fixed Overhead Costs Part 3 – Net Profit and Determining the Selling Price for a Job Part 4 – Comparing The Two Different Methods in Practice Job #1 – A Project with Labor, Materials, and SubContracting in the Same Ratio That Bill Used [...]

Relative Income, It’s a great concept so what is so many of us don’t seem t get it. As I was working today I was re-reading the The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich, by Timothy Ferris by listening to the audio book edition as I was working today I [...]

There’s an interesting article in Reuben Swartz’s Dollars and Sense: The Pricing Blog entitled: Why Starbucks Coffee Is Cheap that presents a rational and explains that "if caffeine is what you want, and you want it in volume, Starbucks is your low-cost provider". While that may be true as far as ‘pricing’ is concerned in [...]

For a long time there a quote I like that I repeat over again from time to time that I’ve attributed to Jim Collins & Jerry Poras authors of Built to Last: Successful Habits of Visionary Companies. Profit is like oxygen, food, water, and blood for the body; they are not the point of life, [...]

Jim Kaslik one of my online friends and acquaintances from Fine Homebuilding Magazines BreakTime Forum (where I know him as Cloud Hidden) who designs homes as sculptural concrete forms (they’re more than just domes) posted a link in the BreakTime forums to a great article he discovered in the blue flavor web site blog entitled [...]

I was down at our local coffee shop this Sunday morning and while sitting outside drinking my coffee I was reading through an old issue of CWB (Custom Woodworking Business) where I came across an article entitled "Pushing the Limits—Doing the unusual jobs ‘that nobody else wants to do’ is standard fare at Philip Sicola [...]

I just recently re-read an article I had read a while back entitled How Much Profit Is Enough? by George Hedley of Hard Hat Presentations and it got me re-thinking on the concept of Net Profit. I’ve talked with a bunch of contractors over the last few years who when talking about Net Profit cite [...]

As part of an online discussion/debate regarding the validity of a a Capacity Based Markup system (JLC-Why the PROOF System is Illogical) Allan Edwards of Allan Edwards Builder; Houston, Texas presented me with the "challenge" to show how a Capacity Based Markup system (aka PROOF) could be used to "Price a house". As a challenge, [...]

A couple of years ago in Fine HomeBuilding’s Breatime Forum a fellow wrote: “I live in houston and I am a trim carpenter. I do such a variety of things that I never have know the going price of some of the work that I do. I asked this same question here at FHB and [...]