Here’s a quick video on bidding landscaping work and tracking your gross profit margin.  Tracking gross margin is important because this allows you to determine the expense load your business can sustain.  Until you know the gross margin across all your services you will not be able to determine what to pay yourself as the owner of the business.

I used a very basic example with easy to follow numbers for demonstration purposes. This spring I will post more videos on actual bid scenarios.

Knowing whether or not you are winning or losing on a daily basis in your business is important for long term success!