How to find consistent work when you're also offering free services?
Hello. I have been struggling to find jobs. Any ideas? I am trying to get enough jobs so I can continue to give free services to the elderly and so I can invest into the next generation of blue collar workers. We have a career tech center for construction trades. The rate at which they actually go into a trades job is slim now. I want to hire some of them and teach and invest into them. When they graduate they would be gifted with their own company and I help them keep growing their companies and teaching them. My goal is to have the next generation of the trades to have their own companies and to become Jack of All Trades. I would pay for all their certifications if they choose that. But finding jobs to start this has been difficult. Any ideas?What's Standard Gross Profit for Your Industry?
I once listened to Tom Reber preach about 50% gross profit and how if you aren't aiming for that, you are going to hurt yourself short/ longer term. He was basically saying, for every dollar you make, you need to make two. This has been super impactful for me and my business but I'm noticing on my really big projects, it's so hard to keep that. I have one $120k exterior BBQ that has definitely had some inefficiencies but we are probably looking at 35% end of day. But that's 35% of a large $$ so that is kind of ok. For those of you who do a good job tracking this (btw Jobber's gross profit calculator is objectively amazing for this btw)- what is your gross profit and what do you usually shoot for?What services can I offer during winter to keep income coming in?
I am currently working a full-time job while running my company. How do I earn income in the “winter” months in Kentucky? We may have one snow a year, grass doesn’t grow, to cold to pressure wash. Everyone kinda goes hermit, thanks in advanceWhen is it time to hire an accountant?
I am wondering at what point some of you guys have hired an accountant? Did you hire one to grow? To maintain what you have? Or are you simply using one to file taxes at the end of the year? I am thinking about hiring an accountant to manage my finances for me and see where things go, but wondering when is the right time.How Much Should You Really Be Charging?
The number one question I receive is tied directly to the fact, most contractors are still guessing when it comes to pricing. Overhead. Profit. Labor rate. Trip fees. They think just because they throw a number they hear their competitors use, thats all that they need. It may work, but how and what do you divide these funds is just as important for your business health. If you don’t know how to do the math, you’re not building a business. You’re surviving check to check and think you need more work, when you do not. So here’s the plan: This Tuesday & Thursday on IG, I’m walking you through our Contractor Price Builder Worksheet FREE on instagram live. We will cover: - How to calculate your real hourly rate - The difference between markup and margin - Why profit is a non-negotiable - And how to price with confidence Join the session. Bring your numbers.
