Markup is key when it comes to pricing your drywalling services. How
much you decide to mark up the cost of ad hoc materials and other
expenses will determine your business's profitability.
Markup refers to the difference between your cost and the price charged
to the customer. Adding a markup to the cost of materials accounts for
both overhead and profit. Calculate your markup percentage by using
this formula:
(Selling price – Your cost)/Your cost x 100 = Markup percentage