Do you know how to see if your profit margins are too low on each flooring job? In this day of age, it’s critical to know the profitability of a flooring job every time you create a proposal. That’s where job costing comes in. While many flooring dealers recognize the importance of job costing, few actually do it because they don’t have the technology that makes it simple and quick.
In this article, QFloors CFO Trent Ogden explains what job costing is and how it can save your business from costly mistakes. Additionally, Trent explains how to use technology to quickly job cost before a sale (so you can get an idea of your flooring profit margins), and after a sale (so you can see how close you were and make needed adjustments).
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