Shoebox Accounting & Other Bullsh*t That’s Costing You
Blue-Collar BS · Brad Herda and Steve Doyle
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Show Notes
Too many trades and construction business owners ignore their accounting until tax season hits, then spend days manually entering receipts from shoeboxes instead of using technology that does it automatically.
We tackle the business operations side that gets pushed aside when you're busy doing the work that actually gets you paid.
Steve reveals his manual QuickBooks process while Brad walks through why people fail to pay themselves properly, the three different rates you should be charging as owner-operator-CEO, and how to stop leaving money on the table with bad estimating.
We explore tactics for building overhead into quotes without overcomplicating the math, why technology like receipt scanning apps can save days of work, and how understanding your customer's busy season changes your sales follow-up game completely.
Highlights:
Highlights
- Why paying yourself only after everything else is taken care of means you're getting a fraction of what you're worth instead of paying yourself first.
- How to calculate what you actually need to charge by separating your field labor hours from your CEO hours from your ownership compensation
- Why most jobs are quoted wrong because overhead and profitability aren't properly estimated into the numbers.
- The garage door company example where tactical empathy in follow-up messaging closed the deal after understanding their busy season.
- Why seven touches before giving up beats three attempts, but only if you change your approach when the message isn't landing.
Subscribe to Blue Collar BS for practical advice on running your business better. If you're still using shoeboxes and spreadsheets to track your money, this episode is for you.
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