Tag Archives: breakeven
Putting It All Together: Your Profitable Selling Price
To set your profitable selling price, you need to know four numbers about your business: Labor Rate, Overhead Rate, Productive Hours, and Target Profit %. In our previous article, we explained how to calculate your profitable Field Labor Rate. In … Continue reading
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Tagged breakeven, business training, management, profit, selling price, small business
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Yes, Your Prices Are Outdated
Unless you recently crunched your numbers, updated your price delivery system, and retrained your employees, the prices that you are offering to your customers are wrong. It’s an inescapable fact that without some real effort, your prices will not reflect … Continue reading
Build to Last on a Solid Foundation
Your business’ success all starts with a solid foundation. Over the past 30 years, we have worked with all types of businesses from struggling companies to some of most profitable Plumbing, Heating, Air Conditioning, and Electrical Service companies ranging in … Continue reading
Avoid Your Own Fiscal Cliff
The news is filled with so many stories about the “Looming Fiscal Cliff” that we all want to just tune it out. For most small businesses, the fiscal cliff that they should be most concerned about is the one they … Continue reading
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Tagged break-even, breakeven, contractor, Electrical, Flat Rate, HVAC, management, Plumbing, profit, selling price, small business
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You’re Invited
“It is my pleasure to invite you to a “Make A Profit” seminar on July 20th. I will be the featured speaker, and look forward to meeting you at this exciting event”. Mike Conroy
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Tagged break-even, breakeven, business training, contractor, management, profit, selling price, small business
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Make a Profit Seminar
Many contractors reduce the amount they charge per hour to avoid confrontation about labor rates. This reduces their profits because their expenses remain the same. They end up paying themselves little and having spouses who work the books for no … Continue reading
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Tagged breakeven, business training, management, profit, selling price, small business
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Numbers Cruncher Cost Breakdown
Numbers Cruncher software includes an automatic Job Cost Breakdown and cover letter that can make responding to cost complaints less time consuming and costly. Enter a few details about the job, and Numbers Cruncher uses your actual numbers to create … Continue reading
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Tagged break-even, breakeven, business training, contractor, Education, Flat Rate, management, profit, selling price, small business, software
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Should You Give a Price Breakdown?
One of the issues that every service business has to deal with is the customer who thinks he paid too much, and demands to see a complete breakdown of the costs for the job. This infrequent annoyance inevitably leads to … Continue reading
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Tagged break-even, breakeven, contractor, management, profit, selling price, small business
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Soul Session LBI Harvey Cedars Flats
Whether you’re looking to Rise Above the Competition in business or kite boarding, Mike Conroy should be your first call. Mike can quickly walk you through the business basics that you need to help make your company more consistently profitable, … Continue reading
Fear and Pricing
As anyone who reads this newsletter knows, NSPG is a Flat Rate Price Book software and printed books company. We know what people want in their books and how they want to set up those books. What they actually put … Continue reading
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Tagged break-even, breakeven, management, profit, selling price, small business
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