How Business Insurance Affects Contractor Profit Margins
For self-employed electricians and other contractors, pricing a job usually starts with materials, labor, equipment, and travel. Insurance is easier to overlook because it is a recurring overhead expense rather than a cost tied to one specific project. Yet those premiums still contribute to the true cost of doing business and directly affect how much profit remains after the work is completed. So where does insurance actually fit into the price of each job? It should be treated as p
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