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Yesterday we talked about project-based profitability analysis. Today we’re moving it one level deeper: Variance Analysis for construction and trade businesses. Most owners in HVAC, electrical, plumbing, remodeling, and other trades already know that a generic Profit & Loss statement doesn’t tell the whole story. But even when you start reviewing profitability by project, there’s another silent threat that can destroy margins without warning: The difference between what you planned and what actually happened — also known as variance analysis. And here’s the reality: It’s not the final profit that breaks a construction or trade business. It’s the unnoticed variances happening inside every job. Today, let’s talk about that. See the video below... #ConstructionBusiness #TradesBusiness #HVACBusiness #ElectricalContractors #PlumbingBusiness #RemodelingContractors #GeneralContractors #SmallBusinessFinance #JobCosting #ProjectProfitability #ConstructionManagement #ContractorProblems #GrossMargin #CashFlow #BusinessOperations #FieldOperations #ConstructionLeadership #TradeContractors