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TRADE SERVICE · STRUCTURE & ENVELOPE CLUSTER

FRACTIONAL CFO FOR FRAMING CONTRACTORS.

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We manage the finance side for framing subcontractors doing $1M to $12M. You get job costing aligned to the way you estimate, a 13 week cash flow forecast, monthly WIP, and a CFO in the room every month. Pricing starts at $1,900 per month.

Framing sells a commodity at a fixed price, so the first thing we build is your buyout process. The Random Lengths composite was at $487 per thousand board feet in April 2026, with a $440 to $540 expected range. Framers who spot-buy from one supplier at seasonal peaks lose $10,000 to $50,000 every year. We put a dated price basis and an escalation clause in the contract. We split wood and light-gauge steel into separate cost codes, since steel moved 18 percent in 2026 on its own tariffs. We price specialty features at $500 to $1,500 apiece. Then we document acceleration when the GC tightens the schedule. The first trade in has no float, and unpaid Saturdays come straight off an 18 percent margin.

BY JOSH LUEBKERPublished 2026-08-06Updated 2026-11-02
WHERE FRAMING LOSES MONEY

THE THREE THINGS THAT DRAIN THE CASH.

LEAK 01

The Commodity Wrapper

Lumber is at $487 per MBF, with a $440 to $540 expected range and 20 to 30 percent price changes inside a year in the past. You sell it in fixed-price contracts. Without escalation clauses, dated price bases and careful buyout, you're an unhedged lumber trader with a nail gun.

LEAK 02

The Pace-Setter's Penalty

The first trade in takes every delay from upstream and every schedule demand from downstream. If you speed up and don't document and bill the cost, you've given the GC free overtime.

LEAK 03

The 18 Percent Ceiling

Framing has the thinnest gross margin of the served trades, with zero room for extra cost. Unpriced specialty framing at $500 to $1,500 per feature and blended wood and steel cost history turn a 5 percent net before taxes into a loss.

THE MATH

FROM 5% TO 10% NET.

At $1M to $5M, the average framing sub earns 18% gross margin and spends 13% of revenue on overhead. What's left is 5% net profit before taxes (Run On CFOS Trade Benchmark Reference). The CFOS target is 10% before taxes. That is the framing average plus 3.5 points, and never below 10%. The book CONTROL's 12% is the rule of thumb across trades. It is not the industry average.

Two changes get you to the target. Overhead comes down 1 point to 12%, and gross margin comes up 4 points to 22%, so 22 minus 12 leaves 10. The gross margin points come from the three problems above, once you price them and bill for them. On a $3M year, every point is $30,000.

HOW SPM FIXES IT

WHAT WE CHANGE.

These are the framing problems we put a number on first. Each one gets its own cost code, its own line on the schedule of values or its own line in the 13 week cash forecast, so you can read it in the monthly meeting while the job is still open.

GAP CALCULATOR

THE FRAMING GAP CALCULATOR. AVERAGE AGAINST TARGET, IN DOLLARS.

Put in your annual revenue. You get gross margin, overhead and net profit for framing contractors your size: the industry average and the CFOS target, in dollars a year. Nothing you type leaves this page.

Another trade too? The gap calculator for every trade.

Your figures show here once you put in your revenue.

Book a 20 minute call

Why aim for the target. An average is the middle of the pack: about half of companies do worse. And about 6 in 10 construction businesses close within 10 years (U.S. Bureau of Labor Statistics: about 40 percent of construction businesses opened in 2013 were still open in 2023). So the business in the middle is one of the ones that close. On those numbers, average is a business that closes within 10 years. That is why the CFOS target is a requirement.

Want your own numbers against these? The Financial Health Snapshot builds a CEO Report from your last 12 months and sets every figure against your trade.

PRICING

YOU PAY ONE FLAT MONTHLY FEE.

The fee is set by your trailing 12 month revenue. We don't bill by the hour and we don't do payroll. The one-time onboarding fee is in the table too.

Type a number and your band and its prices show here. The full table is below.

Built for subs doing $1M to $12M. Above $12.5M we quote.

Last 12 months revenueCoreStrategicPlatinumOne-time onboarding
Under $1M$1,900$3,100$3,300$2,500
$1M to $3.5M$2,600$4,100$5,300$4,500
$3.5M to $6.5M$3,800$5,900$8,300$6,000
$6.5M to $9.5M$5,100$7,600$11,800$7,500
$9.5M to $12.5M$6,100$8,900$14,900$9,000
Above $12.5MQuotedQuotedQuotedQuoted

The onboarding fee covers migrating your books back to the start of your last taxable year and getting you fully operational in 60 days. It's billed once, with your first invoice. It's the same for all three tiers, and it moves with your revenue band. Your first month is prorated, and your monthly engagement starts on the first of the first full month.

Just want the setup? Onboarding only is the same onboarding work with no monthly service after it, one time, at the onboarding fee plus $2,000. Start a monthly engagement later and $2,000 counts toward it. It starts at $4,500, and the price for every band is on the pricing page.

The three tier columns are the whole price. Which one fits depends on how much of the work you want off your desk. No payroll. No hidden line items. The onboarding fee is right here in the table.

  • Online software only: QuickBooks, Sage, Viewpoint and similar. No VPN or hosted desktop.
  • Not in any tier: payroll, pay applications, collections on receivables.
  • Pricing valid through 2027.

What Core, Strategic and Platinum each include is on the pricing page.

Prevailing wage note: Framing work often comes from public bids. On those jobs, certified payroll and wage classifications have to match the job cost record. ControlQore keeps the classification with the cost code, so the certified report and the job cost report come from the same data. Your office stops typing the same numbers twice every week.

COMMON QUESTIONS

FREQUENTLY ASKED.

Framing contractors at $1M to $5M net 5 percent on average, among the lowest floors of the 48 trades, rising to 12 percent by $25M to $50M; the CFOS net profit target is 10 percent before taxes at $1M to $5M, since the target is the trade average plus 3.5 points and never below 10. You close the difference with careful lumber buying, priced specialty features and documented acceleration. An 18 percent gross margin has no room for extra cost. Every net profit figure here is gross margin minus overhead, stated before taxes, the same basis CFMA reports net income on.

See the full benchmarks for every revenue band on Run On CFOS.

Usually it needs the CFO work, and a full time CFO is more than it needs. At $5M to $10M, framing subs average 7% net profit before taxes (Run On CFOS Trade Benchmark Reference), and the CFOS target is 10.5%. On $5M of revenue every point is $50,000, so that difference is worth $175,000 a year. A full time CFO costs $150,000 or more in salary alone. SPM's published price for $3.5M to $6.5M is $3,800 a month for Core to $8,300 for Platinum.

Date-stamp the price basis in every bid. Attach an escalation clause tied to a published composite. Fix prices on large packages 4 to 6 months ahead where you can, and quote at least two suppliers. Lumber moved to $487 per MBF by April 2026, and 20 to 30 percent price changes inside a year have been normal. A fixed bid without a clause is a bet on lumber.

Because framing starts with the thinnest gross margin of the trades (18 percent at $1M to $5M) and then loses more. You lose it on spot-bought lumber, unpriced tray ceilings and bulkheads at $500 to $1,500 each, free acceleration for the GC's schedule, and MEP rework nobody back-charged. More volume multiplies whatever your controls allow.

Both can work if you measure production. Piece rates move production risk to the crew, and you need a quality check. Hourly keeps the risk with you, and you need production tracking per square foot by wall type. The number that decides pricing is your crews' tracked rate against the estimate, every week.

$3 to $5 per square foot of wall area in the Southeast and Midwest, $5 to $8 on the coasts, and $8 to $12 for union crews in major metros. Roof framing, tall walls and specialty features price separately. A blended number doesn't show where you make and lose money.

About 13 percent of revenue at that size, trending to 10 percent by $25M to $50M. Framing overhead is fairly lean. The trade's profit problem is in gross margin, so buying and production controls do more here than office cuts.

A bookkeeper records history. Escalation clauses, buyout timing, production-rate tracking and acceleration documentation make up a control system, and that's CFO work. SPM does that CFO work for framing contractors.

Three tiers, and which one you are in depends on how much of the work you want off your desk. On Core we build your plan every month and your team does the work: job costing built against the way you estimate, a 13 week cash forecast, monthly WIP, and a monthly meeting that ends in decisions, while your bookkeeper keeps doing the books. On Strategic we build the plan, track it and adjust it every month: our team does the bookkeeping and the bank reconciliations, and the job costing and WIP software is set up and managed for you, on your own online software or ours. On Platinum we manage the money side for you every week: our team handles your bills and receivables the way an in-house controller would, and you approve every payment. We don't do payroll.

Sixty days. We migrate your books back to the start of your last taxable year and build your job costing structure from scratch, and on Strategic and Platinum we set up the job costing and WIP software too. You're fully up and working in two months. The onboarding fee is one time, the same for every tier, and set by your revenue band.

ControlQore is the job costing and WIP platform we use on the Strategic and Platinum tiers. It's built for contractors, costs less than the older tools, and has AI built in. We set it up and manage it, so you do not have to learn it. Core is the CFO work only, so it does not include the software.

A bookkeeper records what happened. We tell you what it means and what to do about it. We align job costing to your estimates, track WIP monthly, and hold a monthly meeting where you decide what to fix and who fixes it.
$10.7M+
Client AR Recovered Since 2023
48
Active Trade Specializations
60 DAYS
Average Onboarding Time

How framing CFO firms compare: the framing firm study, with every score and its source.

WHAT ELSE BREAKS IN FRAMING

MORE PROBLEMS WE PUT A NUMBER ON.

MEP conflict rework (the framer's version)

MEP conflict rework change order

Plumbers and electricians notch, bore, and occasionally butcher framing; corrective work and engineered repairs land back on the framer's schedule and, untracked, on the framer's dime.

Piece rate vs hourly (the production wage question)

Roof framing vs wall framing rates

Framing labor costs $3 to $8 per square foot of wall area by region (union metros push $8 to $12), and crews price by piece or by hour with very different risk profiles. Piece rates transfer production risk to the crew but invite quality shortcuts; hourly transfers it to the company. Either way, if you don't measure production per square foot, you can't manage the margin.

labor $3-5/SF Southeast and Midwest, $5-8/SF West Coast and Northeast, $8-12/SF union metros; specialty framing (tray ceilings, arches, bulkheads) adds $500 to $1,500 per feature. (CostFlowAI framing guides, 2026)

The commodity in the contract (lumber volatility)

Lumber escalation change order

Framing sells a commodity with a fixed-price wrapper. The Random Lengths composite was at $487 per thousand board feet in April 2026, expected to trade $440 to $540 through the year, with Canadian softwood facing tariff burdens above 35 percent. Historically, 20 to 30 percent changes inside a single year are normal. Lumber is 15 to 20 percent of a wood-frame house's cost and 8 to 12 percent of wood-frame commercial, so a mid-job move without an escalation clause comes straight out of the frame crew's margin.

Wood vs metal stud (two trades in one bid book)

Wood vs metal stud cost codes

Wood framing and light-gauge steel are different material markets (steel up 18 percent in 2026 on layered tariffs), different labor skills, and different cost codes. Bidding both from one blended history misprices both.

MORE ON FRAMING

EACH FRAMING PROBLEM HAS ITS OWN PAGE.

OTHER CONCRETE AND STRUCTURE TRADES

Framing is one of 8 trades in the concrete and structure family on our CFO for subcontractors page. Nearby trades with their own page:

WHAT THIS TIES INTO
Josh Luebker, SPM The Construction CFO
Josh Luebker
FRACTIONAL CFO · SPM THE CONSTRUCTION CFO

Josh Luebker is a master electrician turned construction CFO, president of SPM The Construction CFO and author of CONTROL: C.F.O.S. Construction Financial Operating System.

THE CHEAPER OPTION WORKS AND TAKES LONGER.

If price comes first, plenty of CFOs and bookkeepers can get your construction company results. It often takes the better part of a year.

If you're a trade contractor, a sub or a GC who wins work, keeps the crews busy and still can't figure out where the money goes, we get in the weeds with you. We change the processes that cost you money on every job, build the ones you're missing and give you the formula, so you see results in 60 to 90 days.

Our guarantee holds when you come to every meeting, do the process and keep a strong pipeline of work. We can fix how your work pays. We can't fix having no work.

DO YOU KNOW YOUR TRUE MARGIN ON FRAMING WORK?

Twenty minutes of questions about how you price framing work, what your jobs come in at once they close, and what keeps coming back to your desk. Nothing gets sold on that call and nothing gets proposed. If Josh can help, you'll set a longer second call.

You don't hire a CFO because it's safe, you do it because the real risk isn't having one.
Book a 20 minute call

20 minutes. No pitch or proposal. Josh asks questions to find out if he can help.

OR START WITH THE WORKBOOKS. NO CALL NEEDED.