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Itās hard to make sound decisions when your financials are either structured in a way that buries the relevant information or certain aspects, such as your labor burden, are misinterpreted. āDonāt assume your data is accurate, reliable, relevant and comprehensive without a thorough investigation,ā says John Joestgen, principal of JJ Landscape Consulting. āIf you want […]
When it comes to making a profit, there is significant confusion between markup and margins. āWhen we say the word markups, there are markups for recovering overhead and then there are markups for recovering what we call labor burden,ā says Tony Bass, founder of Tony Bass Consulting. āThere are markups for profit. In my view […]
