How to Price for Profit (most get this wrong)
So you’re pricing a new job…
But you’re not really sure the best way to go about it…
Do you start with markup?
Or was it margins?
(What’s the difference again?)
Should you look at hourly rates?
Weekly? Monthly?
Consider all the materials involved?
Maybe mash that all together?
Or if that’s all too complicated…
Just resort to the ol’ tried and true ‘PAFOOMA’ method?
Y’know…
Pull A Figure Out Of My Ass?
Unless you’re happy running a charity....
You want your pricing to make you decent profit, so you can grow and scale your business, and have the money, time and freedom to live the life you want.
But to do this, there’s one financial metric you’ve got to understand…
In our episode, we give the low down on Gross Profit Per Hour and step you through how to work it out for your business.
TODAY’S PODCAST REVEALS HOW TO:
- End Your Cashflow Worries Once and for All
- Find Out Which Jobs Make You the Most Money
- Increase Your Profit Through Materials and Equipment
LINKS MENTIONED IN THIS EPISODE:
- Claim a Free Planning Session to learn what coaching could do for your business
- Join our FREE private community of trades business owners in our Facebook group
- Subscribe to our YouTube Channel
- Get a copy of the Profitable Tradie book
Thanks for joining us this week. Want to subscribe to The Profitable Tradie Podcast? Have some feedback you’d like to share? Connect with us and leave us a review with a 5-star rating.
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
