Subscriber Discussion

Forecast And Determine What % Of Markup I Need For Labor And Materialsto Make X To Cover Overhead And Make X Profit

UI
Undisclosed Integrator #1
Dec 26, 2017

 

What I am trying to do is forecast and try to determine what percentage of markup do I need for labor and materials, to make XX to cover overhead and make xx profit.

Labor is easy. 40 hours per week per installer. COGS, not so much as it depends on what the client buys. I can do a 30 camera job using all Dahua, or the same job using Milestone and Axis. Labor will be almost the same but COGS will be completely different

 

I may need 60% markup on Dahua but only 20% on Milestone/Axis to reach the same dollar amount.

QuickBooks is not going to do that.

 

My accountant may be able to help but I suspect we are about to enter his busy season.

NOTICE: This comment was moved from an existing discussion: What Is The Average Security Integrator Net Profit?

JH
John Honovich
Dec 26, 2017
IPVM

#1, take a look at this spreadsheet I made here, screencapped below:

We can edit / expand on it, depending on yours or other input.

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