Estimating Link Markup Summary
Wednesday, October 16, 2024
2:00 PM ET
Unlock the full potential of Estimating Link's Markup Summary to refine your project bids and ensure profitability. Learn how to effectively manage labor, equipment, materials, and overhead costs to improve your project bidding process.
In this session, you will learn how to:
- Optimize Estimates: Dive deep into the Markup Summary interface, learning how to apply markups to labor, equipment, materials, and more. We'll guide you through the Owner’s Worksheet, showing you how to apply percentages or fixed amounts to direct and indirect costs.
- Adjust Overhead & Profits: Discover methods to adjust project overhead, apply corporate overhead, and set profit rates. This includes using indirect cost features and how markups can impact your bottom line.
- Tax Adjustments and Bond Applications: Learn how to use the "Taxes - Add-on - Deduct" field to apply lump sums or percentages, and compute bond costs to refine your overall project estimate.
- Increase Profitability: Balance your bids by integrating real-world scenarios into your estimates.
- Real-World Examples & Practical Tips: Implement these features into real scenarios. See how the markup applied in the Markup Summary proportionally spreads across cost categories for labor, materials, equipment, etc.
Key Webinar Highlights:
Step-by-Step Demonstrations: Watch as our experts walk you through inputting markup percentages and lump sums into the system, explaining how these figures flow into your project totals.
Live Interaction & Q&A: Our trainers will engage with you throughout, answering questions and demonstrating specific scenarios.
Why Attend?
Whether you're new to Estimating Link or need advanced techniques to streamline your workflow, this webinar offers essential insights for mastering project bids. Gain confidence in managing overhead, bond costs, profit margins, and taxes, ensuring precise and profitable bids every time.
