With most MSO's losing cable subs and them cutting your rates, you will be lucky to make any margins.
Safety,insurance,training,fuel,vehicles,maintenance,tools,suprv,projmgr,marketing,
background checks,back office adm support...all these cost are going UP !!
The larger Prime Contractors are running on VOLUME...such as 8% of $50M or 8% of $1M. If your small, yea 20% is a good target but you will never grow to any size and there is nothing wrong with staying small. Don't take the just make a weekly pay check approach, your tools and equipment will always have to be upgraded-maintained. Aim HIGH-provide good quality workmanship,be proud of your trade and above all- Work Safe !
Remember:
Prosperity keeps many people in debt.
Money is relative-the more money you make-The more relatives your have.
You are only poor when you want more than you have
microman
Profit Margins
Member #: 2039
Registered: 1996-2001
Posted:
1090
Name:
MicroMan
Name:
Gary E. Ogden
Company:
Micro Network Svc Grp
Occupation:
Coax-Copper-Fiber-
Location:
Domestic-International
Personal:
Experience:
~59 years
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