How to Calculate Job Costs and Track Profitability Per Project
Job costing is how you find out whether a project actually made money - not what you bid, but what you spent. Without it, a contractor can be fully booked all year and still lose money, because the profitable jobs subsidize the underwater ones invisibly. The problem doesn't announce itself until the bank account runs dry, and by then the root cause is buried inside completed projects that were never tracked line by line.