How to Price Profitably On Every Job
Tradie Business School Podcast · The Game Changers
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Show Notes
Ever wondered why the money you earn doesn’t seem to match the work that you’re putting in your trades business?
Most tradies think they’re making a profit. But more often than not, they price jobs without understanding the gross profit, net profit, markup, and margin they need to hit annually.
This is a common mistake that puts a lot of trades businesses in the red when sales fluctuate.
That’s why in this episode, we offer a FREE pricing tool that allows you to quote profitably on every job and helps you stick to your targets and budgets, so your business will stay in the black.
Hit the play button now to learn more about this foolproof calculator!
Discussion Points:
0:00 Introduction
1:00 The Profitable Pricing Calculator and its function
2:29 Adjust your pricing based on the cycles of your business
3:27 Markup vs. margin
4:24 How to get your breakeven margin
6:21 Benefits of using the Profitable Pricing Calculator
Resources:
- Visit the Tradie Business School website (https://tradiebusinessschool.com/)
- Join us on our FREE Facebook Group (Tradies & General Contractors Global)
- Download the FREE Profitable Pricing Calculator (https://tradiebusinessschool.com/profitable-pricing-calculator/)
Books mentioned in the episode:
- The Path to Freedom by Barry Williame Magliarditi (https://www.pathtofreedom.com.au/free-book-1)
You can also connect with us on Linkedin. For more podcast episodes, visit our website at https://tradiebusinessschool.com/ or subscribe to The Tradie Business School on Apple Podcasts, Spotify, and Google Podcasts.
Thank you for tuning in!
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