How Much Profit Should a General Contractor Make?
A healthy general contracting business should aim for a 30% to 40% gross profit margin and a 10% to 15% net profit margin after paying the owner's salary.
Expert advice for contractors: pricing, estimating, and business growth.
A healthy general contracting business should aim for a 30% to 40% gross profit margin and a 10% to 15% net profit margin after paying the owner's salary.
OSHA requires residential roofers to use fall protection systems like harnesses or guardrails anytime workers operate 6 feet or more above lower levels.
The average kitchen cabinet installation cost per box should be $200 to $300. Charging the outdated $150 rate ignores scribing, trim, and un-plumb walls.
For contractors spending under $50k/year, Lowe's MVP offers better cash-back. Home Depot Pro Xtra wins for bulk volume pricing and tool rental perks.
Yes, you need a permit to replace a water heater because it involves pressurized vessels, gas, or 240v electric. Skipping it puts you at massive liability.
If your 1099 subcontractor lacks active workers' compensation, your policy covers their injuries and your carrier will bill you for their payroll during audits.
The gfci code requirements 2026 mandate GFCI protection for all kitchen receptacles and outdoor HVAC units. Learn how to price this to avoid $500 call-backs.
To learn how to subcontract work out profitably, general contractors must apply a minimum 20% margin to every sub-bid to cover liability and warranty risks.
Flat rate pricing consistently generates 25% to 40% higher profit margins for residential plumbers than time and materials. Customers prefer upfront fixed costs.
When a client misses a progress payment, stop work immediately, secure the job site, and issue a written notice of default before your crew returns to work.
The first tools a handyman should buy are a 12V drill/driver combo, a digital multimeter, and a premium oscillating multi-tool to maximize your initial $1k.
The average HVAC R-410a recharge cost in 2026 should be $100 to $150 per pound, plus your standard service fee. Stop eating costs on topping off systems.
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