Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services
645: Construction Estimates: Why Your Bids Should Spell Everything Out
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:11:22
- More information
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Synopsis
This Podcast Is Episode 645, And It's About Construction Estimates: Why Your Bids Should Spell Everything Out As a contractor, you’ve likely had this experience: you deliver a job estimate to a client, they accept, and you get to work. Everything goes smoothly—until halfway through the project when the client says, “Wait, I thought this included the backsplash,” or “I assumed cleanup was part of the price.” Suddenly, what you thought was a straightforward project turns into a debate about expectations. The client feels misled, you feel frustrated, and worst of all, your profit margin starts to shrink. The root problem? The estimate wasn’t clear enough. In construction, your estimate is more than just a number—it’s a roadmap. It tells your client what’s included, what’s not, and sets the financial foundation for your project. A vague or rushed estimate leads to misunderstandings, disputes, and, most importantly, lost profits. As construction bookkeeping specialists, we’ve seen time and again that contractors w