One way Dictionary.com defines profit is the "monetary surplus left to a producer or employer after deducting wages, rent, cost of raw materials, etc." Without it, a construction company closes its doors. Good companies select the right amount to include in bids that will allow them to win the work and make some money for the company. Too much profit and work will be hard to come by. Too little profit and the work might come fast and easy but the company will go broke. Either way, a company won't stay in business long if it can't win work and make money building it. If something doesn't contribute to the bottom line and help the company profit, it shouldn't be part of the company business plan. Good construction professionals always know their numbers and keep track of profit at all times.
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