Information Booklet- Profitable Tradie
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1 Financials<br />
Numbers are about focusing on the high profit jobs and walking away from the low profit time wasters,<br />
pricing for gross margin, reviewing your financials and key performance indicators monthly and planning for<br />
your cash flow requirements.<br />
A<br />
B<br />
C<br />
D<br />
Price for profit (get a minimum GP% that allows you to achieve your profit and life/family goals).<br />
Control the job on the way to hit your targets.<br />
Understand the numbers that drive your profit and cash flow by back costing and forecasting.<br />
Pricing and systems to make back costing simple.<br />
Outcome:<br />
Know which jobs to take and which jobs to turn down.<br />
Clarity and confidence to be able to control the numbers that drive your business.<br />
“We’re pricing for the right margins and checking all our<br />
jobs which has seen our margins grow by 25%”<br />
Alan Gellert: Owner of Ace Electrical
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