At TurboBid, we understand the challenges that come with starting a business, especially for those who have transitioned from being field technicians. That's why our estimating software is rated as the #1 solution in the industry. We provide the necessary tools to help you run your contracting business efficiently and effectively.
Our TurboBid "Wizards" guide you through a step-by-step process to identify and account for labor burden costs, company overhead costs, and the setup of TurboBid. These costs are constantly changing, which is why it's crucial to update them regularly. With TurboBid, you'll receive a monthly reminder to verify your burden costs and overhead costs. By simply updating the wizards, you can ensure that your estimates are always accurate.
Thank you for your time, and I look forward to assisting you in running your business the right way.
I'd like to discuss the accuracy of your estimates, specifically when it comes to labor burden costs.
Labor Burden Wizard
Are these costs factored into your estimates? And if so, do they include paid non-productive time, paid time off, or unpaid time off costs?
It's crucial to have accurate estimates that consider all aspects of your business, including overhead costs. If you're unsure about this, it's highly likely that your bid prices are not as accurate as they should be. This could result in either losing money or missing out on potential jobs that you should be winning. And neither of these scenarios is beneficial for your company.