When it comes to builders margin, for most builders their calculations have them loosing on potential revenue simply due to confusing "markup" and "margin".
In the below video Glenn Leet shares how to calculate the correct builders profit margin for Australian builders, whilst recognising the industry standard HIA builders margin and taking into account local and regional influences that can be applied to standard builders margin.
For more information on Builders margin definition check out https://www.integrityfranchising.com.au/news/article/what-is-the-right-builders-margin
Looking for software to calculate builders' margins? The free iGyro Builders Management System offers the most comprehensive solution available, designed specifically for builders.
For more insightful videos from Glenn head to https://www.integrityfranchising.com.au/page/building-franchise-video-series
