A short YouTube presentation (creator: Jim Johnson) advising that to maintain an expected average gross margin, businesses should regularly inspect job costs. Regular cost reviews enable renegotiation with suppliers and building competitive relationships, which can reduce expenses and improve margins.
If I expect to have an average gross margin on my jobs, then I need to be inspecting what that job cost looks like on a regular basis. And so that right there instantly saved them a whole bunch of money. That. Because now they're going to be able to go renegotiate some of that stuff and they may be building some other relationships with some other people to create a little. I mean, we deal with competition all the time and so should our providers. That's what makes us all a little bit better.
