Calculate your selling price and profit margin from your job costs.
50% markup does not equal 50% margin.
Markup is based on cost: $1,000 + 50% = $1,500
Margin is based on selling price: $500 / $1,500 = 33.3%
This is one of the most common pricing mistakes contractors make.
The Contractor Pricing Guide covers markup, margin, labor rates, and how to price jobs profitably.