Tag Archives: selling price
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
Posted in NSPG News
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
Posted in NSPG News
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
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