Contractor Margin Scorecard: How Ready Is Your Business to Maximize Profit?

Is your contracting business maximizing its profit potential? The Contractor Margin Scorecard helps you assess your business’s readiness to improve margins and boost profitability. This simple tool highlights areas for improvement across your financial systems, operations, and strategy, so you can take action and grow your contracting business.

Why Should You Use the Contractor Margin Scorecard?

• How can contractors increase profit margins?
  The scorecard evaluates key areas like job costing, cash flow management, and pricing strategies, all of which play a crucial role in maximizing contractor profit margins.

• What factors impact contractor profitability?
  This tool checks your business’s financial planning, project management, and operational efficiency—the factors that directly affect profitability in construction. By identifying strengths and weaknesses, you’ll know where to focus your efforts for better margins.

• How do contractors manage cash flow better?
  With a focus on cash flow forecasting and real-time job costing, the scorecard helps contractors track how much cash is needed to keep projects running smoothly and ensure profitability.

• How do I track the financial health of my contracting business?
  The scorecard evaluates whether you’re tracking KPIs like labor efficiency, production rates, and margin per job, which are essential for understanding your financial health and making data-driven decisions.

Ready to Increase Your Profit Margins?

Use the Contractor Margin Scorecard to quickly assess where your contracting business stands in terms of margin readiness. Get tailored insights on improving your job costing systems, pricing strategies, and cash flow management to increase your business profitability.