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  #11  
Old 03-11-2010, 11:52 AM
Darryl G Darryl G is offline
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Yes...all along I've wanting to make a 15 to 20 percent minimum profit margin but to do that I was just marking up 15 to 20%.

Last edited by Darryl G; 03-11-2010 at 11:53 AM. Reason: bad grammar
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  #12  
Old 03-11-2010, 11:55 AM
gardiner gardiner is offline
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Location: MASSILLON OHIO
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Quote:
Originally Posted by darryl gesner View Post
Trust me, I have shopped around. I still have to run up to the local Hayne's Materials though. They used to just quarry products and masonry supplies. Supposedly they sell plant materials and bulk mulch now too. They've been steadily adding to what they sell and I'm looking for a new source for top soil anyway. Most of the stuff available is closer to screened fill. But the salesman who called quoted me $37/yard for top soil!!!!
37$ yard top soil wow!!!
you need to sign up with Earth'n'wood
contractors prices list came in mail couple days ago .per yard
contractor soil $ 15.00
super soil $ 18.00
standard hardwoood mulch $ 15.50
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  #13  
Old 02-17-2011, 03:32 PM
Lawnut101 Lawnut101 is offline
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Quote:
Originally Posted by snomaha View Post
Markup and margin are two different things. To get a 20% margin on $100 divide $100 by .80 = $125. 20% markup is $100 x 1.2 = $120
Yep. You are right. Both are important to business.
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  #14  
Old 02-17-2011, 07:35 PM
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wbw wbw is online now
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To obtain a 20% profit margin on materials simply divide your purchase price by .80 for a 40% margin divide by .60 for a 35% margin divide by .65

Easy as pie.
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