Episode 037 - "How To Make Money As A Remodeler" episode artwork

EPISODE · Jan 8, 2025 · 15 MIN

Episode 037 - "How To Make Money As A Remodeler"

from The Hack Hour Podcast · host The Remodeling Academy

Episode Title: Are You Really Pricing Your Remodeling Jobs Correctly? Episode Description:Are you leaving money on the table with every project? In this episode of Hackhour Podcast, Mike Menges, founder of The Remodeling Academy, dives into the critical pricing mistakes most remodelers make—and how to fix them. Discover why simply charging for materials and labor isn’t enough to keep your business profitable. Mike breaks down the difference between markup and margin, reveals the hidden costs you’re probably forgetting (like setup time, transitions, and overhead), and shares actionable tips to ensure every hour and expense is accounted for. Remodeling is complicated, high-risk, and full of variables. Learn how to price your projects accurately and confidently, so you can stop stressing over razor-thin margins and start building a business that thrives. 📈 Key Takeaways: The difference between markup and margin—and why it matters. How to factor in non-billable time, like driving and setup, into your pricing. Why offering more value and selling better is the key to higher profit margins. If you’re ready to grow your remodeling business, head over to TheRemodelingAcademy.com to grab your FREE copy of Weed the Lead and sign up for the Morning Hammer newsletter. Want to see how your business stacks up? Take the 5-Day Remodel Challenge at RemodelingRiches.com. 🎙️ Don’t miss this game-changing episode! Subscribe, rate, and share with a fellow remodeler who needs to hear this. Tags: #RemodelingBusiness #ContractorTips #MarkupVsMargin #ConstructionProfitability #SmallBusinessGrowth #RemodelingSuccess #TheHackHourPodcast #BusinessSystems #WorkSmarterNotHarder #StopTheChaos #ContractorLife #RemodelingBusiness #GrowthStrategies #PodcastForRemodelers #HomeImprovement #TheRemodelingAcademy #RemodelRebels #RenegadeRemodelers #RemodelingRiches #RemodelingSuccess #WeedTheLead #HangingDough #ConsumerConfidence #ProfessionalRemodeler #TheHackHour #ContractorLife #RemodelingBusiness #BuilderSuccess #RemodelingTips #ConstructionBusinessGrowth #RemodelerMindset #LevelUpYourBusiness #ClientSatisfaction #RemodelingLeadership #BuildBetterBusiness #SystemsForSuccess #RemodelerMotivation #ConstructionEntrepreneur #RemodelProfitability #SmallBusinessGrowth #MasterYourBusiness #ContractorSupport #TradesPro #ContractorCommunity #RemodelerWisdom #RemodelYourFuture #RemodelSmart #ProfitFromProjects #RemodelingExcellence  #ContractorLife #RemodelingBusiness #BuilderSuccess #RemodelingTips #ConstructionBusinessGrowth #RemodelerMindset #LevelUpYourBusiness #ClientSatisfaction #RemodelingLeadership #BuildBetterBusiness #SystemsForSuccess #RemodelerMotivation #ConstructionEntrepreneur #RemodelProfitability #SmallBusinessGrowth #MasterYourBusiness #ContractorSupport #TradesPro #ContractorCommunity #RemodelerWisdom #RemodelYourFuture #RemodelSmart #ProfitFromProjects #RemodelingExcellence

Episode Title: Are You Really Pricing Your Remodeling Jobs Correctly? Episode Description:Are you leaving money on the table with every project? In this episode of Hackhour Podcast, Mike Menges, founder of The Remodeling Academy, dives into the critical pricing mistakes most remodelers make—and how to fix them. Discover why simply charging for materials and labor isn’t enough to keep your business profitable. Mike breaks down the difference between markup and margin, reveals the hidden costs you’re probably forgetting (like setup time, transitions, and overhead), and shares actionable tips to ensure every hour and expense is accounted for. Remodeling is complicated, high-risk, and full of variables. Learn how to price your projects accurately and confidently, so you can stop stressing over razor-thin margins and start building a business that thrives. 📈 Key Takeaways: The difference between markup and margin—and why it matters. How to factor in non-billable time, like driving and setup, into your pricing. Why offering more value and selling better is the key to higher profit margins. If you’re ready to grow your remodeling business, head over to TheRemodelingAcademy.com to grab your FREE copy of Weed the Lead and sign up for the Morning Hammer newsletter. Want to see how your business stacks up? Take the 5-Day Remodel Challenge at RemodelingRiches.com. 🎙️ Don’t miss this game-changing episode! Subscribe, rate, and share with a fellow remodeler who needs to hear this. Tags: #RemodelingBusiness #ContractorTips #MarkupVsMargin #ConstructionProfitability #SmallBusinessGrowth #RemodelingSuccess #TheHackHourPodcast #BusinessSystems #WorkSmarterNotHarder #StopTheChaos #ContractorLife #RemodelingBusiness #GrowthStrategies #PodcastForRemodelers #HomeImprovement #TheRemodelingAcademy #RemodelRebels #RenegadeRemodelers #RemodelingRiches #RemodelingSuccess #WeedTheLead #HangingDough #ConsumerConfidence #ProfessionalRemodeler #TheHackHour #ContractorLife #RemodelingBusiness #BuilderSuccess #RemodelingTips #ConstructionBusinessGrowth #RemodelerMindset #LevelUpYourBusiness #ClientSatisfaction #RemodelingLeadership #BuildBetterBusiness #SystemsForSuccess #RemodelerMotivation #ConstructionEntrepreneur #RemodelProfitability #SmallBusinessGrowth #MasterYourBusiness #ContractorSupport #TradesPro #ContractorCommunity #RemodelerWisdom #RemodelYourFuture #RemodelSmart #ProfitFromProjects #RemodelingExcellence  #ContractorLife #RemodelingBusiness #BuilderSuccess #RemodelingTips #ConstructionBusinessGrowth #RemodelerMindset #LevelUpYourBusiness #ClientSatisfaction #RemodelingLeadership #BuildBetterBusiness #SystemsForSuccess #RemodelerMotivation #ConstructionEntrepreneur #RemodelProfitability #SmallBusinessGrowth #MasterYourBusiness #ContractorSupport #TradesPro #ContractorCommunity #RemodelerWisdom #RemodelYourFuture #RemodelSmart #ProfitFromProjects #RemodelingExcellence

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Episode 037 - "How To Make Money As A Remodeler"

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This episode was published on January 8, 2025.

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Episode Title: Are You Really Pricing Your Remodeling Jobs Correctly? Episode Description:Are you leaving money on the table with every project? In this episode of Hackhour Podcast, Mike Menges, founder of The Remodeling Academy, dives into the...

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