In the day and age nothing is certain and you will have to be on you A-game to stay on op. This is especially true for industries lIke Civil Engineering where the competition is high all throughout history. Because of this competition many brands have competitive pricing that may collapse your costing. So it is essential that you provide your clienṭ with costing that is on par with the rest of your competition while making sure you are making a profit out of it. The best way to do it is through cost estimation.
Although the design and quality plays a major role in any construction project it will all boil down to the cost that you quote. Even if the design and quality is great the client may back down seeing the cost. So it is essential that you provide the client with a cost they like that is on par with your competitors and that which does not let you lose your profit. The best way to do all this is through cost estimation.
About the service
Cost estimation is the best way to convince the client that you bring value to the project and why you are charging what you are charging. So it is essential that you provide the client with a detailed estimate. But taking an estimate is no easy job; it requires you to be up to date with the market rate of materials, labour and even the transportation. Because of this companies normally have a dedicated person who does the estimating for them. But for a company that is looking to convert clients, this may not work out to their advantage. In such cases, going for a 3rd party service provider like My Design Minds is the best option for you.
This way you do not have to pay your cost estimator every month even though there is not much required from him throughout the month. So going with My Design Minds you only have to pay per project which saves you a lot of time and money.
Benefits of the service
People often forget the cost estimate when it comes to the larger scheme of things. People typically look at the design and aesthetics of the project and never consider the amount of work and effort that is put into making the quote satisfactory to them as well. Like the design the estimation is equally important for the client to get convinced with the project. Although cost estimation convincing the client is the primary advantage, proper cost estimation also offers several additional benefits.
Take more projects: when you have a proper estimation for a project that is one par with your competitors and you are able to give it faster than them you get the edge over them. This edge will be the difference between you getting a project or not. So with a fast and reliable cost estimation you will be able to reach out to more clients and potentially convert them faster.
Reduced overhead cost: paying for an inhouse estimator when there is no work is a loss for the company. So by hiring a 3rd party service provider, you only know when they do the job and they do the work faster. As it’s usually a team working on the estimate rather than a single person working on it. So you reduce the paycheck that you give your employee per month, which reduces the overhead cost for the company.
More profit: when you get a professional to do the cost estimation for your project they make sure they calculate all expenses that you may face during the project. Because of this you need not set aside reserve money from your profit. This small but important part makes sure you get the most profit possible without any loss in the process.
Time consumption: Usually, one of the site engineers or the project member with expertise in cost estimation typically handles this job. So thanking a person out of their usual job making them do additional work will put their primary adjective at risk. By outsourcing it, you get your men do the work they are hired for and get the cost estimation done on time without any issues.
Business growth: once you get all these other aspects like this out of the way you can concentrate more on the most essential aspect of the business. Focusing on business expansion and business development is the primary objective of any firm. So as a business owner, you can concentrate more on that and less on these things.
Why choose My Design Minds
At My Design Minds we not only have experts who can do the work with uncompromised professionalism and precision. We also have a reputation to keep up to. We as a service provider have a lot at stake as such sensitive services can make or break our clients profile. So we take our utmost care to come up with plans and outputs that not only satisfies your needs but keeps our reputation as well.
To add on you are a part of the process as well no matter at what stage the project is if you are in need of any clarification we make sure you are provided with the needed information. This will not only help you understand the process but also help you explain why the quote has been taken in such a way. In a sensitive case where money is the major player there are no excuses and we at My Design Minds make sure you do not have any excuses for your clients as well. It is a process, but the trust in the process is the key to attaining huge things.
