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  2. How to create a business budget - AOL

    www.aol.com/finance/create-business-budget...

    Bankrate insight. If your total product revenue is $50 and the total production costs are $35, your gross profit would be $15. To find the gross profit margin, you’d do the following calculation ...

  3. Statement of work - Wikipedia

    en.wikipedia.org/wiki/Statement_of_work

    The master service agreement serves as a master contract governing the terms over potentially multiple SOWs. Sometimes it refers to scope of work. For instance, if a project is done on contract, the scope statement included as part of it can be used as the SOW since it also outlines the work of the project in clear and concise terms. [3]

  4. 9 Free, Easy-To-Use Budget Templates and Spreadsheets - AOL

    www.aol.com/finance/9-free-easy-budget-templates...

    The template also includes a budget summary, complete with graphic organizers, which breaks everything down, including your top five expenses for the month. 3. Google Sheets Monthly Budget Template

  5. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    A construction contract is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors .

  6. Term sheet - Wikipedia

    en.wikipedia.org/wiki/Term_sheet

    Term sheets are very similar to "letters of intent" (LOI) in that they are both preliminary, mostly non-binding documents meant to record two or more parties' intentions to enter into a future agreement based on specified (but incomplete or preliminary) terms. The difference between the two is slight and mostly a matter of style: an LOI is ...

  7. Fixed-price contract - Wikipedia

    en.wikipedia.org/wiki/Fixed-price_contract

    According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".

  8. Lump sum contract - Wikipedia

    en.wikipedia.org/wiki/Lump_sum_contract

    A Contractor under a lump sum agreement will be responsible for the proper job execution and will provide its own means and methods to complete the work. [6] With a lump sum contract or fixed-price contract, the contractor assesses the value of work as per the documents available, primarily the specifications and the drawings. At pre-tender ...

  9. Cost-plus contract - Wikipedia

    en.wikipedia.org/wiki/Cost-plus_contract

    A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for risk and incentive sharing. [1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred ...

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