{"id":41296,"date":"2023-09-13T10:24:00","date_gmt":"2023-09-13T10:24:00","guid":{"rendered":"https:\/\/www.my-equipment.com\/blog\/?p=41296"},"modified":"2023-09-04T12:44:35","modified_gmt":"2023-09-04T12:44:35","slug":"profit-fade-in-the-construction-industry","status":"publish","type":"post","link":"https:\/\/www.my-equipment.com\/blog\/2023\/09\/profit-fade-in-the-construction-industry\/","title":{"rendered":"Profit Fade In The Construction Industry"},"content":{"rendered":"

Profit fade refers to a situation in which a contractor\u2019s expected profit margin on a construction project decreases or disappears by the time the project is completed. It can be disheartening for contractors to realize that their anticipated profits have dwindled, and in some cases, the issue may not become apparent until it\u2019s too late to take corrective measures.<\/p>\n

Here’s how profit fade works and why it occurs;<\/strong><\/p><\/blockquote>\n

In an ideal situation, the percentage of a project\u2019s completion should align with the percentage of the projected profit realized. For example, if a project is 50% complete, 50% of the expected profit should have been earned by that point.<\/strong><\/p>\n

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