1. Job margin & markup
A 25% markup is not a 25% margin. Check both before submitting your price.
Profit = price − cost. Margin = profit ÷ price. Markup = profit ÷ cost. Include overhead in cost if you want it reflected; this is not after-tax net profit.
2. Crew labor budget
Compare crew size, paid hours and your own labor burden assumption.
Budget = workers × hours × rate × (1 + burden ÷ 100). The example burden is not a benchmark. Overtime premiums, travel and equipment must be budgeted separately.
3. Change-order price
Price a scope change using its cost and your target margin.
Price = cost ÷ (1 − margin ÷ 100). Include labor, materials, subcontractors and overhead in cost. Tax, contract limits and customer approval are separate.