profit

Ask Coach – Am I Using the Proper Overhead and Profit Markups?

“Knowing the right markups for profit and overhead takes careful consideration.”

 

In today’s episode, I discuss understanding and reviewing our profit and overhead markups.

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E622: Elite Contractors Manifesto Part 1

Businesses exist to solve a problem and make a profit.

 

 

  1. This week we are going to review the Elite Contractors Manifesto
    1. A chance to refresh everyone
    2. Feel free to use this information for your business – modify as necessary
    3. The ECM is the rules that have guided me to success in contracting
  2. Profit is the Reason
    1. All business must make a profit
    2. Customer service and profits can co-exist
    3. Profit (fair and honest) should always be a priority
  3. Solve the Problem Better
    1. All business exist to solve a problem
    2. Want to be the best? Solve the problem better
    3. The problem is not always the obvious thing

E346: Ask Coach – Taking A Break-even Project

It can often be tempting to take a project with low margins in hopes of future gains.

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E165: Profitability

“Profitability is a fundamental part of our business and requires our full attention.”

Are you focusing on the right things?

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