Margins, Markups, & Paying Yourself with Amelia + Duayne, Live Life Build
The easiest way for your business to start making more money is to understand the difference between Markup & Margin.
For this Q & A Session, check out the table below (it’s also available as a downloadable PDF – scroll down). We also discuss how many of you are paying yourselves in your business … properly paying yourself.
Your business should be making a profit after you have paid your wages – this includes paying yourself as an employee (and your partner if they also work in the business).
Learning Objectives: from this session, you will learn about:
- The difference between margins + markups
- how Duayne calculates and includes supervision and overheads in his projects
Watch for key info on:
- the difference between markups and margins
- how Duayne calculates and includes supervision and overheads in his projects
- paying yourself (and rates on jobs)
- Q & A on profit margins, working out overheads and loads more
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