General Business Archives - Page 31 of 31

Episode 35 – Putting Profits First

October 3, 2014 TonyB 1 Comment

“Are you stuck on the cashflow rollercoaster, worrying each week how you will pay the bills and cover payroll? That’s about to change!”

[notice]If you like sleepless nights and constant cashflow struggles – do not listen to this Coachcast[/notice]
Putting Profits First is about making profits a priority in your business. The #1 rule for Elite Contractors is Profit is the Reason. So, to become an Elite Contractor we need to make sure the we make profits the #1 priority of our business. We are not in business to make our suppliers money, if you want to do that become a sales rep for them.

Episode 32 Overhead vs Job Costs

September 30, 2014 TonyB 0 Comments

Today I discuss a topic I get questioned about all the time from my subcontractor clients, overhead costs versus job costs.

This usually comes up in a conversation about a change order on a project where the contract limits the allowable overhead percentages to 10% or 15%. The argument is always, “my overhead is more than 15%, I can’t make money on a change order with limits like this.”

Episode 31 File Organization

September 29, 2014 TonyB 0 Comments

It’s estimated that we spend 1 week to 1 month annually searching for files on our database or on our computers. If you look at a company with 10 employees that’s 800 hours on average and at $30 per hour that can equate to over $24,000 annually wasted searching for something.