Sticker SHOCK! 😲
I have been doing my office's annual purge and came across some old invoices from the earliest power equipment my business purchased. Believe it or not, some of the equipment I use has doubled in price for the replacement model at today's cost. Since it is our responsibility as owners to be profitable enough to replace/repair equipment as needed, I find myself adjusting my equipment cost recovery number upward almost monthly in my budget. How often are you adjusting your cost recovery upward to adjust for the ongoing inflation?500Views2likes2CommentsNew, Used, or Lease? And WHEN?
As a small business owner it has been nothing short of challenging to build a business from nothing. I came from nothing and have built this thing from the ground up. I didn't have a lot of money. When I first started I couldn't afford company vehicles. I eventually bought used vehicles in the $20K-$30K range and financed them and that was fine until I unexpectedly slowed down and had to sell off my trucks just to survive. Once I rebuilt from the slow down I decided to buy used vans around $9K to $10K cash. Right now I have 6 vehicles. One of those vehicles needs major work done. And the others are all 100K miles or more and I feel like they are just ticking time bombs. I want the reliability of newer, or leased vehicles but the risk intimidates me after my struggles in 2022. Is there a formula for when you should go from paying cash for used, to financing newer/new, and to finally leasing? Is there a revenue metric, a number of vehicles in your fleet, or some other sign that going one route over the other is more advantageous or less risky? Thanks for taking the time to read this and share feedback!Solved499Views2likes9CommentsYou Quit Your Job to Start a Business — So Why Gamble on a Used Truck?
Everybody says the same thing: “Just buy a used truck, it’s cheaper.” Yet, That same truck breaks down 3–6 months later. Now your jobs are delayed. You’re borrowing vehicles from your spouse or rental. You’re stressed out and behind on bills. And suddenly the “cheaper option” is costing you way more. Here's my personal take: You quit your job ... You are betting 100% on yourself, to care for your livelihood. If you’re betting your whole future on this business — why risk it with a vehicle that might leave you stranded? I hate blaming others, or the lack of accountability. So if I can control one variable — like my ability to show up to the job, that will pay me for my services... I’m going to do it. But that's just my opinion. My hot take, What do you all think? I created this visual for myself to follow and share whenever anyone is deciding to get a vehicle.398Views1like4CommentsWhat's one Jobber feature you wish you had started using sooner?
I've been exploring how different home service businesses use Jobber, and it's interesting that two companies can use the same software in completely different ways. What's one feature, workflow, or habit that made you think: "I wish I'd known about this six months ago." Whether it's scheduling, quoting, invoicing, client communication, reminders, or something else, I'd love to hear what's made the biggest difference for your business. Hopefully this thread helps newer members discover some hidden gems too.199Views0likes6CommentsMaintaining Your Equipment: Tips & Tricks from the Pros”
As a business owner, keeping your equipment in good shape is key to staying efficient and reliable. I’ve learned that regular maintenance and knowing when to upgrade or replace tools can save a lot of headaches down the road. What are some of the tools or equipment you can’t run your business without? And how do you keep track of maintenance or repairs?”* Maintaining your equipment is essential for keeping your business running smoothly. Over the years, I’ve learned that regular maintenance and staying on top of repairs can prevent costly breakdowns and delays. Some of my go-to tips are scheduling monthly check-ups, keeping track of warranties, and having a solid backup plan for when equipment goes down unexpectedly.150Views2likes1CommentIs anyone finding it hard to get a cap cover for their pickup?
I have been looking into getting a cover for the bed of my truck and a lot of places here in Toronto are saying their inventory is gone! And it will likely be a year before any new ones come in. Even used ones are being bought up for resale or even modified to fit the more popular trucks. Has anyone been looking for one and found the same supply issues?129Views0likes1CommentElectrical flat rate VS assemblies VS t&m
I’ve been using AccuPrice Lists for my material pricing since it syncs right into Jobber and saves me from having to constantly update material prices manually. I saw they’re adding flat-rate pricing and assemblies, and I’m curious which direction you guys have found works best for electrical service work. Do you prefer a true flat-rate price book, assemblies that build out the labor and materials, or some combination of both? For those of you already pricing this way, what’s been the easiest for your guys to use in the field and the most profitable? Trying to figure out which direction makes the most sense before I change up my current setup99Views1like4Comments