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Master Bidding and Estimating

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6:45
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How to get Started running Heavy equipment, Excavating, Landscaping, Construction & outdoor services

What happens here

Bidding and estimating are considered the 'heart and soul' of a heavy equipment business. This critical process requires more than just acquiring quick tips; it demands a deep, thorough understanding. Mistakes in bidding and estimating can lead to financial trouble more swiftly than almost any other aspect of the business. Therefore, mastering the intricacies of accurate and strategic bidding is paramount for profitability and long-term viability.

Goal: Develop expert knowledge in financial project bidding and estimation.

Tools and materials

  • Volvo EC750E Excavator Bucket Volvo — Serves as a visual context for the heavy equipment industry while discussing business strategy

What they say

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HA! GONE! IT'S GONE! I LOVE IT. THAT is awesome. So the next thing I hear all the time is, "Stan, do you have any tips or advice on bidding and estimating?" The first thing I can tell you is if you're taking tips or advice, you're on the wrong track. Bidding and estimating is the heart and soul of your company and it's the thing that can get you in trouble the absolute quickest.

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