How to Create an Estimate Sheet in Apple Numbers
An estimate sheet or a basic job estimate form is to be used by any business, contractor, painter, or a person that may be in the HVAC or construction business. People use this sheet to provide a detailed estimate to a client for services rendered. In 2018, 88 percent of homeowners did a massive home repair, and more than half managed multiple overhauls or home improvement projects according to the Porch company. This statistic business report though is only the tip of the iceberg when it comes to the construction industry. According to the famous analytical and research company, Ibis World, the construction industry's revenue for the last year is a whopping $2,022.9 BN. While a different article from GlobeNewswire states that the industry's annual growth rate is at 2.22% until the year 2022.
These numbers mean that as a businessman, there is indeed a great opportunity in the industry. One of the things for a transaction to happen is to do a cost estimate. Making a proper cost estimate not only boost the deal, but it also allows a good word-of-mouth advertising. So, creating a beautifully designed and professionally written estimate sheet is a must.
1. Define the Purpose and Scope
Cost analysis is both simple and hard. It states how a construction project or home repair will fare after finishing the process when it comes to finances. It not only keeps the customer safe from any overpricing or some unnecessary charges, but it also makes the construction company's operations smooth. There will be no more payments to creditors to create because of the accurate estimate on the project. That is why, when the construction project's purpose and scope have proper definitions, the process will be easy. This step is an essential preparatory move to doing an appropriate estimate of the cost.
2. Identify the Perspective
Make sure to identify who is the owner of the project. With a precise perspective set, you can easily deduct the finances and the desired outcome. At the very least, the purchase orders will be appropriate, and there will be no mistakes in the process. So, this should be in the mind of the person doing the analysis or estimation while doing the analysis.
3. Review the Report
When the evaluation is final, the manager or a project team member should go and review the report. Examining the document makes the manner of estimation valid. It also allows for lesser mistakes when it comes to project proper and contract signing for the construction. So, review the report and make sure that the process is right.
4. Organize Direct and Indirect Costs
Cost analysis or cost estimate is not just about doing an estimate, but it involves everything when it comes to the project. Indirect cost is a part of this. This part acts as a business analysis report for future endeavors. Hence, It is proper to do it cleanly and sharply. Indirect costs, for example, are security, transport, and some other costs while the construction is ongoing. This analysis is extremely important for the budgeting of the project.
5. Download and Use a Template
Download one of our templates when making the sheets. You can use the model for your report in case you are still making the business proposal. If you have the deal already, you can use the template to present its current or future estimation and analysis. Template.net is an excellent website when it comes to models and samples. Our samples are of high-quality and are downloadable for free. So, make use of any of our examples today.