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Many HVAC contractors struggle to see if a specific job is truly profitable until it close
Many HVAC contractors struggle to see if a specific job is truly profitable until it closes. To track this, match your recorded revenue against direct materials and labor costs for completed jobs only. This simple step helps you calculate the gross margin per project without mixing estimates or quotes with actual profits.
If you notice margins shrinking on recent installations, review your invoices and receipts to ensure all expenses are reconciled before year-end. Ask Gates LLC to review your monthly bookkeeping workflow.