Business & Pricing Tools
Plan prices from labor, materials, and overhead; compare markup with margin; then prepare estimates and invoices in your browser. Review each document and confirm tax, payment, and contract details for your business.
Available Business Tools
Essential pricing, job costing, and billing utilities for contractors, freelancers, and small businesses.
Profit Margin & Markup Calculator
Clearly separate profit margin from markup percentage and solve for target selling prices based on product costs.
BusinessJob Costing Calculator
Combine entered material, labor, subcontractor, and overhead costs to estimate a project price and margin.
BusinessFree Invoice Generator
Create clean, professional PDF invoices locally in your browser with selectable line items, sales tax, and vector text.
BusinessFree Estimate / Quote Generator
Build polished project quotes and cost estimates with itemized scopes, terms, and vector-rendered PDF downloads.
The Contractor & Freelance Revenue Workflow
A repeatable quote process starts with costs, then applies a chosen pricing target and records the agreed scope. These tools help organize the arithmetic and paperwork; they do not determine a suitable price or replace business-specific accounting advice.
- List job costs: Add the labor, material, and overhead amounts relevant to your job using the Job Costing Calculator.
- Compare pricing approaches: Use the Margin & Markup Calculator to compare markup with margin against your chosen target.
- Prepare an estimate: Record proposed scope and terms with the Free Estimate Generator.
- Create an invoice: Prepare an itemized payment document with the Free Invoice Generator.
For project material quantities that feed a trade estimate, browseRoofing & Construction.
Business pricing guide
Understand how margin and markup describe price in different ways.
Profit Margin vs. Markup: Formula, Differences, and Conversion Examples
Markup measures gross profit against cost; margin measures it against selling price. See both formulas using the same worked example and learn why using the wrong percentage can change a target price.
Estimate vs. Invoice: Which Document Should You Send?
An estimate helps describe proposed work and expected cost; an invoice requests payment for work or items billed. Terminology and obligations can vary, so state the details clearly.
Frequently Asked Questions
What is the difference between an estimate and an invoice?
An estimate (or quote) is a proposed price provided before work begins so the client can approve the scope of work and budget. An invoice records an amount requested for payment and may be issued before or after work, depending on the agreement and billing practice. Its legal effect depends on the transaction and applicable rules.
Why does 30% markup not equal 30% profit margin?
Markup is calculated on cost; margin is calculated on selling price. A 30% markup on a $100 cost results in a $130 price with a $30 profit. But $30 divided by the $130 selling price produces only a 23.1% profit margin.
Do I need to sign up or create an account to download invoices?
No. FivoTools generates vector PDF invoices instantly using client-side JavaScript. You do not need to register, provide an email address, or enter credit card details.