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For the maintenance segment of your business, Gary recommends using the gross profit dollar per day or _____________________ method.
According to Gary, because the service business is an overhead intensive department, it is very important to calculate an accurate _____________________ rate which can be applied to the flat-rate pricing method to cover the service division’s overhead costs.
Though it is a simple and common pricing technique, the flaw in using the divisor methods for retrofit/replacements is that they do not price for gross profit _____________________ , they price based on a percentage.
Contractors need to understand precisely what their gross profit _____________________ is in each segment of their business.
Sales – Cost of Goods = Gross _____________________.
Sales – Cost of Goods = Gross _____________________.
Contractors need to understand precisely what their gross profit _____________________ is in each segment of their business.
Though it is a simple and common pricing technique, the flaw in using the divisor methods for retrofit/replacements is that they do not price for gross profit _____________________ , they price based on a percentage.
According to Gary, because the service business is an overhead intensive department, it is very important to calculate an accurate _____________________ rate which can be applied to the flat-rate pricing method to cover the service division’s overhead costs.
For the maintenance segment of your business, Gary recommends using the gross profit dollar per day or _____________________ method.