Tenders and Costings

Tenders and Costings

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Preparing accurate tenders and costing for small or large, multi-million dollar projects is absolutely critical to your business's success.

However many trades and construction business owners run into difficulty when they start employing staff and their business starts to expand. Overheads become a larger expense as a whole, with added equipment, administration and other ongoing costs, and it is vital these costs are allocated correctly based on cost drivers unique to the owner's business.

Tendering and cost workings effect pricing and quoting  outcomes. These decisions need to be based on staff productivity levels, fuel costs, overhead allocation, equipment recovery and so on.

See what Andy Reynolds of AWT has to say:

Strategically the most impressive work Jamie has done for us has been the preparation of a trip costings workbook. We offer guided walking tours throughout Australia and pricing these can always be a challenge, in fact getting the price right is arguably the hardest aspect of the business. The detailed yet easy to use workbook Jamie constructed enables us to factor in all the variables, including commissions (for which we pay anywhere from 5% to 30% to enable our product to be booked overseas through travel agents, wholesalers and inbound tour operators), accommodation, wages, direct costs, overhead allocations, etc as well as factor in any net profit margin to enable accurate cost projections. This allows accurate profit and loss figures to be calculated and projected on an ongoing basis as we take in bookings and has enabled us to submit a successful business plan for marketing funding under the South Australian Tourist Commission's New Product Support Program. Under our previous accountant we were never able to prepare such detailed and accurate pricing and our new custom designed template enables us to budget existing and future products with confidence.

We have no hesitation in recommending Jamie and the KeyPlay Business Solutions team.

Andrew Reynolds
Managing Director - Australian Walking Tours
Australian Walking Tours Website

If you need to fine tune your tender or costing process (and pricing) and compare your "actual" results against your tender, budget or quote, call our office for a 1/2 hour, no obligation discussion.

As a gift, please download our tender worksheet to see that we are serious about getting the price right and knowing your exact profit on every job or project.

Jamie Johns

 

 

 

 

 

 


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