Protect Your Margin
We provide the practical tools needed to understand your true costs and price work profitably. Our downloadable Excel workbook helps you understand job costs, compare pricing options, and make better-informed decisions for your electrical contracting business.
How It Works
Enter your business costs, establish profitable pricing, and understand the margin behind every job.
Know Your Costs
Enter your labor costs, overhead, and other business expenses to understand what it really costs to perform the work.
Set Your Pricing
Use your true costs and desired profit targets to establish pricing that protects your margins.
Understand Your Profit
See how costs, markup, pricing, and margin work together so you can make better-informed business decisions.
Profit & Pricing Tools
Practical Excel-based tools that help you understand costs, establish profitable pricing, and protect your margins.
Cost & Profit Analysis
Calculate labor burden and overhead costs.
Understand the true cost of doing the work.
See how costs affect your profitability.
Pricing & Estimating
Build pricing from labor and material costs.
Apply markup and profit targets.
Understand the margin built into your price.
Overhead & Labor
Account for the costs beyond wages and materials.
Incorporate overhead into your pricing.
Avoid underpricing work because of hidden costs.
Markup & Margin
See the difference between markup and profit margin.
Test how pricing changes affect profitability.
Make pricing decisions with better financial clarity.
Built for Electrical Contractors
Built for small and growing electrical contracting businesses, the Profit & Pricing System helps you understand your true costs, establish profitable pricing, and see how markup and margin affect your bottom line—without complicated business software.
Frequently Asked Questions
What is included with the Profit & Pricing System?
You’ll receive the Excel-based Profit & Pricing System designed to help you calculate your true costs, understand labor burden and overhead, establish profitable pricing, and see the margin built into your work.
Is this system designed for small electrical contractors?
Yes. The system is designed specifically for small and growing electrical contracting businesses that want a practical way to understand their costs, establish profitable pricing, and protect their margins without complicated business software.
Can I use this tool for residential electrical work?
Yes. The system can be used for residential, commercial, and service work. Enter the labor, material, and overhead costs for the work you perform, then use the system to understand your true costs and establish pricing based on your desired profit targets.
How does the system help me protect my profit margins?
The system shows how your labor, materials, overhead, markup, and pricing work together. This helps you see the margin built into your price before you quote the work, so you can make more informed pricing decisions.
Do I need Microsoft Excel to use the system?
The system is built in Microsoft Excel, so you’ll need a compatible version of Excel to use it as intended. This helps ensure the formulas, calculations, and formatting work properly.