Michael Stone #3/3
This is part 3 of my interview with Michael Stone.
Michael has been coaching and helping contractors for a long time and in these 3 interviews, he has shared his years of experience with us. In today's episode, we discuss how to calculate your companies markup. We also discuss
- 4:20 Markup Vs Margin and how to calculate your Markup.
- 9:25 Do you want a Customer or Client?
- 11:00 Michael shares a story about hiring a countertop installer.
- 16:20 Run your contractor business like a business!
- 22:30 Tile News Sponsored by the NTCA: Do you have a 401K?
- 24:05 Tile Money Tip Sponsored by Laticrete: Ron Nash tells a great story about hiring a contractor!
Visit Markup and Profit website https://www.markupandprofit.com/more/
This episode of Tile Money is sponsored by the National Tile Contractors Association, Laticrete and Crossville.
https://www.crossvilleinc.com/Company
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