Tag Archives: breakeven
Quick Tip – Labor/Profit Rate Setup
Printing your books with prices that match your own business is a key benefit for NSPG Flat Rate users. As your business grows and changes, it is easy to customize your price books to match. For example, say you want … Continue reading
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Tagged breakeven, contractor, Electrical, HVAC, management, Plumbing, profit, selling price, small business
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Price Book Q&A
How may price columns should I have in my Flat Rate Book? We usually recommend no more than two pricing columns. More price columns can confuse your clients and techs, and reduce the effectiveness of the entire Price Book. We … Continue reading
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Tagged breakeven, Flat Rate, management, profit, selling price, small business
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NSPG Business Cost Calculator
We know that not everyone has Numbers Cruncher for calculating their breakeven and other numbers critical for setting their prices, so we have created a quick business cost calculator on the NSPG web site. This simple calculator takes your selections … Continue reading
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Tagged break-even, breakeven, business training, Flat Rate, management, margin, selling price, small business
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Numbers Cruncher Tax Adjustment
As we all know, the Social Security tax was reduced by 2% for 2011 from 6.2% to 4.2% of salaries up to $106,800. This tax is usually combined with the 1.45% Medicare tax into what is traditionally called FICA. For … Continue reading
Stay Ahead of a Slowdown
As the economy appears to be slowing down again, business basics become even more important. Maintaining the fiscal discipline and successful sales techniques that you have used to survive the last few years is paramount. Getting your business processes in … Continue reading
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Tagged breakeven, business training, contractor, management, small business
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Quick Tech Tip
The Numbers Cruncher Quick Job Calculator is a fill-in-the-blank form that allows you to quickly quote any job based on just a few pieces of information. This is a simplified live version of the Task Grid built into NSPG Flat … Continue reading
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Tagged breakeven, contractor, Electrical, HVAC, management, Plumbing, profit, selling price
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Numbers Cruncher Review with Sales Goals
Most of our clients find NSPG while looking for Flat Rate Price books for their Plumbing, Electrical, or HVAC company. We always encourage potential clients to Crunch their Numbers before they even consider printing a Flat Rate Book. Many of … Continue reading
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Tagged breakeven, business training, management, profit, selling price
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The Economy
Kiplinger’s reports that inflation is on the horizon as commodities prices reach all time highs. Much of the commodity price run up is due to speculation as investors search for higher returns. A little inflation is not necessarily a bad … Continue reading
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Tagged breakeven, Electrical, HVAC, management, Plumbing, selling price, small business
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How Much Does that Tech Really Cost?
We all know that what a technician earns per hour has little relationship to what the true cost to the company is. A tech earning $20 per hour could be costing your company over $50 per hour (see illustration below). … Continue reading
Signs You’re Not Charging Enough
If you’ve looked at all of your costs, and you can’t cut any more, your only real option is to raise your rates. Knowing your actual breakeven can make this easier to do. Your choice will be to continue to short change yourself and your employees by charging too little, or you can ask your customers to pay a more reasonable price. Continue reading