BaseBuilders Knowledge Base

BaseBuilders Knowledge Base

Definitions - the terms we throw around

Target Profit Percentage

What percentage of profit would you like for your firm to achieve on an annual basis.

For a business to be healthy, it needs to turn a profit. What level of profit do you think is appropriate, considering the risks of running a business? What is achievable by your team?

If you set this value, BaseBuilders will use it to determine how much of your fee has been used in the production of your projects. Our calculations include your direct labor, overhead, expenses, and a designated profit margin.

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