Roofer – Business Dynamics
Minimum Bottom Line Profit Should Average 9.4%!
For Trades & Subcontractors, at Least 11%
After Income Taxes Are Paid!
Within the residential construction industry is a subset referred to as ‘Trades’. Within this group exists one particular trade that has its own set of business dynamics. Roofers depend heavily on labor to accomplish their task. They are also highly susceptible to weather conditions and dangerous situations. There are a multitude of issues they face. If properly managed, an owner of a roofing company can make a good living and profit. Experience is absolutely the best ally for the roofer.
This article will introduce the overall financial dynamic and explain some of the factors affecting business operations. I’ll explain the materials issue, the labor variable, weather and the overall danger of this form of business. I’ll end summing up using a couple of examples and how they impact the operation giving consideration to the variables previously explained.
Let’s get started.
Overall Financial Dynamic
Unlike the traditional construction trades, roofers quote their overall price with three units of measurement. The first is
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