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Pricing in Service Department & Setting Service Rates

The pricing of service in contracting is discussed widely and often misunderstood by the majority of contractors. Many believe the competition dictates how a company should price, but that’s only one area of pricing evaluation. There are many variables that come into play and should be considered prior to arriving at a price strategy and market rate. Residential and commercial are quite different as an example. Inside this best practice we take a deep dive into the details of creating a service rate structure. Learn the how and the why of service rates and ensure your profitability is maximized.