Chapter 4

Is the new deposit hiding an old loss?

Tiền cọc mới có đang che lỗ cũ của tôi?

The chapter's question

Of the three jobs just finished, how much did each leave me?

Big idea

Money from many jobs flows through one account, so a loss on one is hidden by the deposit of another.

In this chapter

  1. Part 4.1

    Margin by Job

    Do I calculate profit separately for each project?

  2. Part 4.2

    Quoted Against Actual

    How far did the job I just finished land from its quote?

  3. Part 4.3

    Deposits From the Next Job

    Am I using the deposit for a new job to pay off an old one?

  4. Part 4.4

    Which Type Loses Most

    Which kind of work do I most often lose money on?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of A Contractor's Cash is free to read right here.

Read in Conan School

Chapters of A Contractor's Cash

  1. 1.Profitable jobs, so why am I always broke?
  2. 2.Bill by the calendar, or by milestones?
  3. 3.Does tolerating one late payment invite the next?
  4. 4.Is the new deposit hiding an old loss?
  5. 5.With no new contracts, how long do I last?