Tuesday, July 16, 2013

3 Steps to Better Estimates

This is an excerpt from a landscaping estimates article published on Greenindustrypros.com.

Without completely knowing their costs, landscape contractors can't possibly arrive at an accurate bid number. And without that, they can't possibly earn the profit they need to sustain their businesses.

Contractors need a reliable, repeatable and consistent bidding system. By knowing all costs associated with each job, the bidding process will run more smoothly.

Information related to material prices and hourly labor costs should be readily accessible. Some contractors keep binders of information in their trucks. Others use management software back at the office, many times syncing up to a mobile device such as a smartphone or iPad. However you do it, having this information available on the fly is helpful. Not only can it help you to improve the accuracy of your estimating, but it can help speed up your estimating process. Remember, in many instances, the faster you can get an estimate into the prospective client's hands, the better your chances of getting the job.

Producing an accurate estimate requires two things: 1) Knowing how much it costs you to perform each task, 2) Knowing the exact parameters of the job you are bidding on.

Read the full, "3 Steps to Better Estimates" article at Green Industry Pros' website.

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