Tile Money

Michael Stone #3/3

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This is part 3 of my interview with Michael Stone.

Michael has been coaching and helping contractors for a long time and in these 3 interviews, he has shared his years of experience with us. In today's episode, we discuss how to calculate your companies markup. We also discuss

  • 4:20  Markup Vs Margin and how to calculate your Markup.
  • 9:25  Do you want a Customer or Client?
  • 11:00 Michael shares a story about hiring a countertop installer.
  • 16:20 Run your contractor business like a business!
  • 22:30 Tile News Sponsored by the NTCA: Do you have a 401K?
  • 24:05 Tile Money Tip Sponsored by Laticrete: Ron Nash tells a great story about hiring a contractor!

    • Visit Markup and Profit website https://www.markupandprofit.com/more/

    This episode of Tile Money is sponsored by the National Tile Contractors Association, Laticrete and Crossville.

    https://laticrete.com/

    https://www.tile-assn.com/#

    https://www.crossvilleinc.com/Company

    Check out what I’m up to at

    www.tilemoney.com

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    Tile MoneyBy Luke Miller
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