Wondering How to Correctly Determine Profit and Loss?
Get your monthly profit and loss correct by doing your percentage complete based on project costs incurred to date and adjust your over and under billings accordingly.
This will help you avoid the nightmare of getting a future surprise by finding that you did not make nearly as much money as you expected, not to mention the vulnerability of learning of job issues way too late.
Read more of Damian’s contractor tip of the month!
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