A Guide for Construction Contractors 2025

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As a general contractor, you make your profit through markups. So, knowing how much to mark up your services is essential to increasing your revenue and maintaining your cash flow. If calculating markups is a part of your business that you struggle with, youve come to the right place.
Yes, a handyman can potentially make $100000 per year, but it depends on several factors: Location: Earnings can vary significantly based on the cost of living and demand for handyman services in different regions. Urban areas with higher demand typically offer better pay.
General contractors can make anywhere from $60,000 to $100,000+ per year. The amount earned depends on factors such as location, experience, and specialized skill sets.
General Contractor Salary in California Annual SalaryHourly Wage Top Earners $98,690 $47 75th Percentile $73,500 $35 Average $62,348 $30 25th Percentile $44,400 $21
Your minimum profits objective should be around 8%. 10% is average, and 15% is ideal. For our example, lets work with a 10% theoretical profit. Lets say that your revenue for a job will be $500,000.
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In Alaska, most contractors that perform residential home improvements must be licensed by the Division of Corporations, Business and Professional Licensing. Among other requirements, general contractors must post a bond for $25,000 and specialty contractors for $10,000.
If youre entering the construction industry with a degree, you will likely make more starting out. With an education, you might go straight into construction management. The bottom 10% of construction managers earn $64,480 a year. The average annual salary is $104,900.

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