In Part 2 of our deep dive into the four foundational financial metrics, we break down the final two numbers every contractor needs to master:revenue per man-hourandtracking estimated versus actual labor hours. If you missed our breakdown of gross profit and labor efficiency, be sure to catchPart 1 in Episode #1029first!
In this episode, Brian shares why dialing in production rates and job costing stops margin bleed, how to review and dial in your estimates so every job hits your target margin, and why focusing on profit over top-line revenue is the real key to scaling past the million-dollar mark.
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