Estimating software and overhead and Markup Webinars

[Eieio]

I know its been awhile since we have done a webinar.. I apologize for the delay..

I am working on two right now that should be ready in the upcoming weeks..

#1 I have one that will utilize a spread sheet and discussion will follow on how to determine your cost and what your mark up should be to break even and make a profit on your cost to operate.


#2 The second webinar will be one of many that will introduce a number of software options available to generate estimates quicker and give a professional appearance to the documents you supply your customers.


If there is anything that you would like to know pertaining to these topics please list it hear so I can inform the presenters and try to include or answer these questions it into their presentations..

Thanks

[Eieio]

For the mark-up and overhead webinar this is the three main items we have to work with so far

1. Determine proper markup (using totals from previous period)

2. Determine Actual Hourly Labor Cost for Hourly/ Salaried Employees

3. Compile Markup, Labor Costs, and other Job costs to determine a proper Job Cost for Bidding (Min. Break Even Bid Amount), and a Standard Bid Amount

[DavidC]

I'm looking forward to this one.

Determining proper markup without a history would be beneficial to newbies and possibly how to cover unusual periods in your own history. I'm in the process of refiguring ours and look at last years numbers with suspicion. They are what they are but how would they skewer calculations going forward?

Good Luck
Dave

[Eieio]

I'm looking forward to this one.

Determining proper markup without a history would be beneficial to newbies and possibly how to cover unusual periods in your own history. I'm in the process of refiguring ours and look at last years numbers with suspicion. They are what they are but how would they skewer calculations going forward?

Good Luck
Dave


Dave is there anything else you would like to see us to go over or topics you want to see covered?

[Bender]

Maybe bug Bob Kovac?

I bet he would have some suggestions.

[DavidC]

Dave is there anything else you would like to see us to go over or topics you want to see covered?

Perhaps, if you could help make my son look at me like I was God again, and maybe get my wife to believe I'm Adonis??

Seriously, nothing comes to mind now. I am wondering a lot lately about putting last years numbers into the mix.

And I second the motion to bug Bob Kovacs. There's a mind not to waste.

Good Luck
Dave

[Eieio]

Maybe bug Bob Kovac?

I bet he would have some suggestions.



I will do that.. The first webinars will be basic in nature.. The how much do I charge questions comes from not knowing the basics..


The webinars will progress in difficulty and we will reach out to more people to help with the technical aspects of estimating and more vendors..

Right now I am hoping we can answer the basic questions and progress from there.

Gathering questions along the way to plan out the feature sessions as they get going..

[naptownCr]

I would start with the basic budgeting.

What does it cost to operate your business from the point of view of overhead.

Determine what those costs are and go into volume pricing mark up etc based on establishing a mark up structure that will sustain the fixed costs and allow for profit and growth.

This approach allows company health to be monitered closely based on sales volume at a particular mark up.

[Eieio]

Ok Update this webinar is scheduled for Wednesday, Feb 3 2010 at 7pm ET


If you have any questions please post them so we can try to answer them for you

[Mike(VA)]

Sign me up. Send the sniglet or wimpet or whatever you call it so I can register. :laugh3:

[Eieio]

The Mark up and overhead webinar is scheduled for this Wednesday Feb 3 at 7pm..


We are going to cover the following topics..

1. How to calculate exactly what an employee costs you per hour

2. What percentage to use to mark up your jobs based on your job costs, overhead and profit goals..

3 How to use these percentages to mark up your jobs to arrive at your break even point and your sales price

4. We will provide you with spreadsheets that can be used to calculate markup percentages and employee costs..




If you go to the tool bar on the bottom of the forum page and use the clip board to the right, the sign up form will appear to register for the webinar..

[Allrounder]

If you go to the tool bar and use the clip board the sign up form will appear to register for the webinar..

I don't have a clipboard, do you guys hate me??

Prolly because I've been picking on Paul so much.

Sorry Paul :heart:

[Eieio]

I don't have a clipboard, do you guys hate me??

Prolly because I've been picking on Paul so much.

Sorry Paul :heart:

it should be right next to the news letter sign up form. if not clear your cache and it should appear..

[naptownCr]

The Mark up and overhead webinar is scheduled for this Wednesday Feb 3 at 7pm..

We are going to cover the following topics..

1. How to calculate exactly what an employee costs you per hour

2. What percentage to use to mark up your jobs based on your job costs, overhead and profit goals..

3 How to use these percentages to mark up your jobs to arrive at your break even point and your sales price

4. We will provide you with spreadsheets that can be used to calculate markup percentages and employee costs..




If you go to the tool bar on the bottom of the forum page and use the clip board to the right, the sign up form will appear to register for the webinar..


Just a reminder for all
I will not be attending and hope for the replay.
7PM will interfere with my beauty sleep and I need all of that I can get.

[Eieio]

Bump................

[naptownCr]

Bump................

beaten by an old man

Dat shizz said AM when I bumped it

You edited it beotch I saw where you did it

[Eieio]

bump..............

[Mike(VA)]

I haven't gotten some kind of widget for the webinar, no email or nuthin'. What'd I miss?

[Len]

http://www.remodelcrazy.com/2010/webinars/how-to-sign-up-for-dimdim-webinar.html

[fez-head]

The Mark up and overhead webinar is scheduled for this Wednesday Feb 3 at 7pm..


We are going to cover the following topics..

1. How to calculate exactly what an employee costs you per hour

2. What percentage to use to mark up your jobs based on your job costs, overhead and profit goals..

3 How to use these percentages to mark up your jobs to arrive at your break even point and your sales price

4. We will provide you with spreadsheets that can be used to calculate markup percentages and employee costs..




If you go to the tool bar on the bottom of the forum page and use the clip board to the right, the sign up form will appear to register for the webinar..

Where's Randy? He lives and breaths this shite.

[Eieio]

Where's Randy? He lives and breaths this shite.

he is the host of the webinar

[fez-head]

I just sent him an email asking if he knew about it :rolleyes3:

Some mentor he is..... I didn't even know it was going on until right now. :smash:

[Len]

Markup, Overhead and Profit webinar will be starting within about an hour of this post (7pm Eastern)

Here is the room link.
https://webmeeting.dimdim.com/portal/JoinForm.action?confKey=remodelcrazy

[fez-head]

Thanks for the update Len - I would have been an hour late!

[Eieio]

Thanks for the update Len - I would have been an hour late!

The shame of it all:rolleyes3:

[fez-head]

I have the Skype now. will we be using the Skype?

[Eieio]

I have the Skype now. will we be using the Skype?

LOL no.. Just login at that email that came to you.. When we start the webinar you probably will get a notifier email

[randyaustin]

Yep, I will be the one doing all the talking for this one :)
(In about 20 min. from now)

[fez-head]

Yep, I will be the one doing all the talking for this one :)
(In about 20 min. from now)

Get that damn staticy phone fixed before you do :surrender:

[Eieio]

Guys and Gals

I will post Randy's Contact info if you want to contact him for help with your business or have questions about the spread sheets.

I will also post up the spread sheets for your use..

Hope you enjoyed the Webinar and let us know if you have any questions

Thanks

[rselectric1]

VERY good job by Randy and all involved! This was my first webinar and I WANT MORE!

Thanks!

[Bender]

Thanks again Randy:)

[DavidC]

This may have been the most important one yet. I'm looking forward to that spreadsheet and Randy did an excellent job explaining it.

Good Luck
Dave

[RCP]

Randy did an excellent job! I think repeating the questions and then answering them really helped!

[OGStilts]

I agree, the webinars rock.

So I got a dumb question, if he's really in Thailand, does that also mean that Phuket is a real place? I just assumed that was a joke.

[Eieio]

I agree, the webinars rock.

So I got a dumb question, if he's really in Thailand, does that also mean that Phuket is a real place? I just assumed that was a joke.



http://en.wikipedia.org/wiki/Phuket

The geography webinar is next week :rolleyes3: :rolleyes3:

[Bender]

http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=phuket&sll=43.473819,-116.518101&sspn=0.008549,0.016544&ie=UTF8&hq=&hnear=Phuket,+Thailand&ll=8.053791,98.76709&spn=2.985652,4.235229&t=h&z=8

[Bender]

As an American I find this funny...
While looking at google maps the sponsored links suggested...

Book your Hotel in Phuket online.

OK sophomoric, but still funny:grin:

[OGStilts]

Thanks guys. I thought it was an imaginary place like Bangkok for the purpose of entertaining immature individuals like myself.

[randyaustin]

Thanks again guys, I appreciate it. Just let me know if you have any questions, or find any problems in the sheet. Enjoy

[ArmchairDIY]

Sorry I was not able to make it, sounds like I missed another good one.

[Allrounder]

It was a great webinar Randy. It's clear that you have invested a lot of time into your spreadsheet, and it's great that even a dummy like me can figure it out! Thanks again!

[dan-o]

Will this webinar be available for guys whose nagging wives demanded they attend some BS interpretive dance performance? I'm asking for a friend.....

[ArmchairDIY]

Will this webinar be available for guys whose nagging wives demanded they attend some BS interpretive dance performance? I'm asking for a friend.....

Oh, that old excuse again..... if I've heard it once, I've heard it a million times.......
:grin:

[orson]

Thanks for the great webinar guys, and thanks in particular to you Randy for sharing your spreadsheets. Very nicely done.

[DavidC]

Will said webinar be available for review?

Good Luck
Dave

[Eieio]

Will said webinar be available for review?

Good Luck
Dave

Yes Len is working on posting it up we got the video yesterday

[OGStilts]

Did that spreadsheet ever get posted? I can't find it.

[ArmchairDIY]

Did that spreadsheet ever get posted? I can't find it.

I saw it in the downloads section

http://www.remodelcrazy.com/forum/downloads.php?do=file&id=78

[Eieio]

Did that spreadsheet ever get posted? I can't find it.

NO I am challenged. Randy did send it to me. It is all one sheet I need to break it into 3 sheets to up load it.. I need to send it to Len to make it right..

[ArmchairDIY]

oh....I thought the link I posted was it, I didn't download it. Sorry for the miss post.

[OGStilts]

NO I am challenged.

:rolleyes3: Too easy :surrender: I swear sometimes I think you get your thrills by being abused by us. :grin:

[randyaustin]

Hmmm. thoses sheets are all linked.. and they cannot be broken up.. So, here is the link to the full sheet which can be downloaded here:
http://dl.dropbox.com/u/1220666/JobCostCalculator.xls

Enjoy, and let me know if you have any questions.

[y.painting]

I just tried playing this webinar here (http://www.remodelcrazy.com/2010/webinars/mark-up-and-overhead.html), but cannot get it to play. Are you guys able to play it?

[randyaustin]

Hmmm.. does not seem to be playing for me either. Len?

[Len]

Yes it is broken.

Until it's fixed you can see it here.
http://rec1.dimdim.com/view/dimdim/84a96346-6270-102d-9515-003048642bd7