Your SlideShare is downloading. ×
Bid for profit_ss
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Bid for profit_ss

448

Published on

5 Steps to Black - Identify overhead, identify revenue (history or projection), convert overhead to a percent of revenue, add profit, identify the black number. The "black number" is what you use in …

5 Steps to Black - Identify overhead, identify revenue (history or projection), convert overhead to a percent of revenue, add profit, identify the black number. The "black number" is what you use in the computation for all bids to ensure you cover direct costs, overhead and meet your goals for profit. Speaker notes available upone request.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
448
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Steps to Black By Chris Prince 5
  • 2. Calculate Overhead 1 By Chris Prince
  • 3. By Chris Prince History or Projected Fixed Variable Office Utilities Salaries Vehicle Bonds Gas Travel Project
  • 4. 2 By Chris Prince
  • 5. By Chris Prince What was last year’s Revenue? What is projected Revenue? OR
    • Stable
    • Growth
    • Adjustment
    MODE
  • 6. 3 By Chris Prince CONVERT OVERHEAD TO of REVENUE %
  • 7. By Chris Prince Our Overhead: Our Revenue: 184,000 $ 800,000 $ 184,000 .23 800,000 ÷ =
  • 8. By Chris Prince 23 % of Revenue goes directly to overhead
  • 9. 4 By Chris Prince IDENTIFY OVERHEAD & PROFIT
  • 10. By Chris Prince Our Overhead: Our Profit: 23 % 10 33 % %
  • 11. By Chris Prince 33 % OF ANY JOB GOES TO OVERHEAD PROFIT
  • 12. 5 By Chris Prince IDENTIFY YOUR BLACK #
  • 13. By Chris Prince OVERHEAD: PROFIT: 23 % 10 33 % % is this the black #
  • 14. By Chris Prince DIRECT COST: 45,000 33 % $ + 59,850 $ 19,750.50 $ 40,099.50 $ -
  • 15. By Chris Prince 33 % O & P of =
  • 16. By Chris Prince 33 % O & P $ of = 67 % 45,000 of = ? ?
  • 17. By Chris Prince 33 % O & P $ of = 67 % 45,000 of = 45,000 ÷ .67 $ 67,164.18 =
  • 18. By Chris Prince DIRECT COST: 45,000 33 % $ + 59,850 $ 19,750.50 $ 40,099.50 $ DIRECT COST: 45,000 67 % $ ÷ $ 22,164.18 $ 45,000 $ 67,164.18
  • 19. By Chris Prince DIRECT COST: 45,000 33 % $ + 59,850 $ 19,750.50 $ 40,099.50 $ DIRECT COST: 45,000 67 % $ ÷ $ 22,164.18 $ 45,000 $ 67,164.18 RED BLACK
  • 20. By Chris Prince All direct costs will be divided by .67
  • 21. Steps to Black By Chris Prince 5

×