![]() And for such uses, this free template comes in handy. Sometimes it is necessary to segregate these expenses to see where your money is going to get allocated. One way to remember this is that if there is any cost that isn’t a hard cost, then it automatically becomes part of the soft cost. ![]() These costs include legal fees, permit fees, transportation expenses, etc. Soft costs are indirect costs and they don’t directly contribute towards the construction of the building. So in simple terms, any cost that is related to the physical construction of a building is your hard cost. Hard costs are those that are directly related to the construction project like labor charges, electrical work, brick and mortar costs, etc. Anyone who is interested to get into the construction business or is already in it needs to know the difference between hard cost and soft cost. This is another simple template that segregates your costs into Hard and Soft costs. ![]()
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