The Construction Business Blueprint #029 - You’re Losing Money on Every Job (Here’s Why)

Most construction business owners think they know what they’re making on a job…But the reality? They’re guessing, and it’s costing them money every single week.In this episode, Marc breaks down the real way to understand job costing, and why the common “stick 20% on it” approach simply doesn’t work anymore.We walk through:Why your numbers don’t match your bank accountThe difference between markup vs margin (and why it matters)How overheads silently eat your profitThe simple job costing process every builder should followHow to track materials, labour, and true job performanceMost builders aren’t losing money because they’re bad at what they do… They’re losing money because they don’t have clarity.And without clarity, you’re flying blind.If you want to stop guessing, take control of your numbers, and actually know what you’re making on every job…This is where you start.Chapters00:00 Most builders are guessing their profit00:47 Why “20% on top” is wrong01:57 The hidden costs eating your margin03:45 Markup vs margin: the difference05:05 The 30% profit myth07:18 Why your bank balance feels off08:15 How to cost a job properly09:29 Work out your true costs10:27 Add overheads the right way11:14 Track labour and materials live12:22 Find out if you priced the job right13:14 Audit your last completed job15:10 Stop guessing and start knowing