Call for free information on how iBid Plumbing can help you. 330-633-4880

What We Offer How iBid Power can help me with my estimating. How can you help me find jobs to bid? How can you help me get plans for a project? How can iBID Power help improve my bid-win ratio? How can you make my company more competitive? Why does iBID Power need to determine my break-even rate? How can you help increase cash flow into my business? What kind of profit increases can I expect? How We Offer It What are the differences between your packages? How does your assist package work? How does your complete package work? How much does your service cost? What does your guarantee offer? What You Deserve Do you offer design build services? How can you help me with marketing my company? Who are we? Who is iBID Power? Request Free Information about iBID Power.

Why does iBID Power need to determine my break-even rate?

Many electrical contractors don't understand the importance of knowing of their break-even rate. With the bidding market getting so competitive, electrical contractors are slashing their estimates with no concern or knowledge of their break-even rate.

We are not talking about your estimate costs before markup. What we are talking about is your break-even rate for your labor costs. If your estimate does not have the correct break-even rate for your labor, then your estimate costs before markup will not be accurate. So if you decide to not add markup to a bid, it does not have your correct break-even rate calculated into it, and not adding markup is not a good idea in the first place. This will give your electrical company false numbers thinking you're taking the project with no markup when, in turn, it is actually taking it for a loss. This loss can add up to a substantial amount when the estimate has higher labor hours associated with it.

Knowing your true break-even rate will help keep your bids competitive and reveal to you how low you can go but still make a profit. iBID Power will calculate your exact break-even rate so your company can have the peace of mind knowing your estimate has every cost needed to prepare a proper bid proposal and maintain the highest profits possible.

Call iBID Power today at 330.633.4880 and talk to an Account Manager so your estimates will have your exact break-even rate calculated in them.