Tag Archives: breakeven
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
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
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
The Cost of Delay
Last month we took a look at how most small businesses tend to put off decisions and actions until “just the right time”. This month, we’ll discuss why we all do this, and a few tricks to help us all … Continue reading
Maximizing Your Sales Opportunities
Whether the economy is slow like it is now or booming like it’s 1999, the most successful companies are always working to of maximize productivity and profits. Continue reading
Profit, Margin, Markup, and Profit
Knowing how to do a few simple calculations, and knowing the right calculation to use, can make a big difference to your bottom line. Even though you probably use a tool like Numbers Cruncher to automatically do these calculations, understanding … Continue reading
Get Away to Maintain Your Edge
Sometimes you just need to get away from the business to clear your head, and become re-energized and enthusiastic about building your own successful enterprise. Here’s how our Mike Conroy “relaxes” and recharges. Give Mike a call to discuss your … Continue reading
Calculating Your Hourly Charge
One critical factor in achieving profitability is accurately setting your selling price with your desired Profit Percentage. Many businesses use a markup method to add their Profit Percentage to their breakeven. This will always yield a smaller than expected Profit because … Continue reading
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