Estimating Best Practices: A Deep Dive
In the roofing industry, the accuracy of your estimates can be the difference between a project's success and costly missteps. With over 45 years of experience in roofing, I've learned that estimating is as much an art as a science. Building a reliable estimating process is crucial for your reputation and profitability. Today, let's dive deep into best practices that will sharpen your skills and refine your approach.
1. Develop a Comprehensive Cost History
A robust cost history is the backbone of an accurate estimate. By systematically tracking material costs, labor rates, and equipment expenses over time, you create a reliable database that reflects real-world conditions. Your cost history should go beyond simple price tracking and account for market fluctuations, seasonal changes, and unique project-specific challenges. Building this reliable cost history requires diligence in updating it regularly, ensuring your estimates are always based on…