Plumbing Zone - Professional Plumbers Forum banner

business math

  1. New Member Introductions
    Currently when I bid a job I take the cost lets say labor is $1000 and materials are $1000 and divide that number by my overhead which is 40%. Then take that number and divide by the profit I want which is 20%. Looks like this 200 / .6= $3,333 This number is my break even. 3,333/ .8= $4166...
  2. Business, Marketing, and Sales
    When you went to school? How did they teach you to increase a number? To decrease a number? Lets take the whole number 2 Increase it to the whole number 4, how? 2 x 2 = 4 2 + 2 = 4 Any other way? Can you subtract from 2 and get an answer of 4? Can you divide into...