The ProfitDig Radio Show

Bid vs Budget: Why You’re Losing Money Without Even Realizing It

ProfitDig LLC

New to construction? Or still struggling with profit margins after years in business? You're not alone. In this episode of ProfitDig Live, Chris Work sits down with Jeff Spencer and Jeff Givens to talk about one of the most common - and costly - mistakes contractors make: confusing their total bid with their actual working budget.

✅ Learn why your bid amount is NOT your budget
✅ The difference between markup, profit, and raw costs
✅ How to build a budget that protects your margins
✅ Why qualifying your bid can keep you out of legal trouble
✅ How to deal with weather delays, faux crews, and more

This episode is packed with real-world advice to help you stop bleeding cash and start bidding smarter. Whether you're just getting started or you've been in the game a while, you'll find something valuable here.

From the creators of ProfitDig – easy job bidding and costing for construction contractors. Visit https://ProfitDig.com now.

Drop your questions in the comments - we’d love to help.

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