Financials | Know and Show Your Numbers
ARE YOU FRUSTRATED WITH UP AND DOWN CASH FLOW?
DO YOU UNDERSTAND THE KEY NUMBERS THAT DRIVE YOUR BUSINESS?
DO YOU KNOW THE DIFFERENCE BETWEEN MARK UP AND MARGIN
FINANCIAL SYSTEMS
GROSS MARGIN ANALYSIS
Are you pricing with sufficient “fat” in your jobs to cover your fixed costs and leave a decent profit to you? Have you got a target gross margin for each type of job? Or do you simply use a “mark-up” on your costs?
GROSS MARGIN ANALYSIS
Are you pricing with sufficient “fat” in your jobs to cover your fixed costs and leave a decent profit to you? Have you got a target gross margin for each type of job? Or do you simply use a “mark-up” on your costs?
“After back costing our jobs we found out we were losing money on our ‘best’ client making 19-21 trips to simple house builds! We’ve changed our processes and improved our gross margin from 18% to now making 36% – 38%. We now price work to make money rather than to just get the job. We now have a strong management team in place including an Operations Manager, Office Manager, and Pricing Manager so I can work on the business. Sales have grown by $1.6 million and we’ve taken on 6 new tradesmen.”
Mark Watkins – Advanced Plumbing
FINANCIAL TEMPLATES
GROSS MARGIN ANALYSIS
Are you pricing with sufficient “fat” in your jobs to cover your fixed costs and leave a decent profit to you? Have you got a target gross margin for each type of job? Or do you simply use a “mark-up” on your costs?
GROSS MARGIN ANALYSIS
Are you pricing with sufficient “fat” in your jobs to cover your fixed costs and leave a decent profit to you? Have you got a target gross margin for each type of job? Or do you simply use a “mark-up” on your costs?
GROSS MARGIN ANALYSIS
Are you pricing with sufficient “fat” in your jobs to cover your fixed costs and leave a decent profit to you? Have you got a target gross margin for each type of job? Or do you simply use a “mark-up” on your costs?
GROSS MARGIN ANALYSIS
Are you pricing with sufficient “fat” in your jobs to cover your fixed costs and leave a decent profit to you? Have you got a target gross margin for each type of job? Or do you simply use a “mark-up” on your costs?
GROSS MARGIN ANALYSIS
Are you pricing with sufficient “fat” in your jobs to cover your fixed costs and leave a decent profit to you? Have you got a target gross margin for each type of job? Or do you simply use a “mark-up” on your costs?
SEE WHAT OTHERS ARE SAYING
“Before I met Tony and joined the program I was working 18 hour days and only returning a 17% gross profit margin. I been on board now for six months and in that time we’ve increased our profit margins to 35%, making more money and spending a whole lot more time off the tools. Plus we’ve got our cash flow under control which is a massive weight off my mind.”
Damian May.
Owner – 2e Electrical
“Before I met Tony and joined the program I was working 18 hour days and only returning a 17% gross profit margin. I been on board now for six months and in that time we’ve increased our profit margins to 35%, making more money and spending a whole lot more time off the tools. Plus we’ve got our cash flow under control which is a massive weight off my mind.”
Damian May.
Owner – 2e Electrical
“Before I met Tony and joined the program I was working 18 hour days and only returning a 17% gross profit margin. I been on board now for six months and in that time we’ve increased our profit margins to 35%, making more money and spending a whole lot more time off the tools. Plus we’ve got our cash flow under control which is a massive weight off my mind.”
Damian May.
Owner – 2e Electrical
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“Before I met Tony and joined the program I was working 18 hour days and only returning a 17% gross profit margin. I been on board now for six months and in that time we’ve increased our profit margins to 35%, making more money and spending a whole lot more time off the tools. Plus we’ve got our cash flow under control which is a massive weight off my mind.”
Damian May.
Owner – 2e Electrical
FINANCIAL SYSTEMS
Are you a Plumber, Electrician, or Construction Based Business Owner that needs more profit, time and freedom? Simply get in touch with the team today by calling 888.777.4669 or fill in the form below
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