Service businesses often discover margin damage weeks after it happened. By then the pricing conversation, the scope conversation, and the staffing conversation are all too late.
Capture cost while work is in flight
Track hours and direct costs against the job as they occur, and compare them to the estimate weekly. You do not need a perfect system — you need a current one.
- Estimate versus actual, reviewed weekly
- A margin floor that triggers a conversation
- Change orders raised before extra work starts
Then make it someone's number
Margin only improves once a named person owns it on the scorecard. Shared ownership is the same as no ownership.
