Episode 41

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Published on:

4th Nov 2022

Why You Need to Keep Score In Your Business to Succeed

Today we’re going to show you how mastering ‘scorekeeping’ is the key to a trades business owner’s success.

Tony and Phil will also share how our members normally increase their gross profit by 5-10% when they implement good ‘scorekeeping’.

Because if you’re not keeping score. 

And you’re not measuring how well you’re performing.

Well, you’ll never know if you’re winning or losing. And you’ll never figure out where you’re going wrong. Or where you’re going right.

This makes it really difficult to improve your business. Because you can’t pinpoint your mistakes. There’s no way to see those red flags that help you identify the root of your problems.

For example, if you don’t know what your gross profit is, how are you going to know if a job is profitable or not?

How are you even going to price a job to ensure every piece of work you and your team complete is helping you succeed?

In today’s podcast we’ll show you why keeping score, and measuring how well your business is performing, is so important. 

You’ll see how you can set yourself up for success by avoiding poor results and the frustration you feel when you’re not in control.



WHAT YOU’LL GAIN FROM IMPLEMENTING TODAY'S PODCAST:

  • You can confidently make changes because you understand the drivers
  • See better results
  • Feel in control of your business success

LINKS MENTIONED IN THIS EPISODE:

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About the Podcast

The Profitable Tradie Podcast
For Trades & Contracting Business Owners Who Want More Profit, More Freedom, and Less Stress
If you run a plumbing, electrical, HVAC, or any other trades business and you’re tired of long hours, cash flow headaches, and pricing battles, this podcast is for you.



Join Tony Fraser-Jones and Phil Smith from Profitable Tradie as they break down straight-shooting strategies to help you make more money, work fewer hours, and get your business running smoothly—without the usual headaches.



We tackle the real challenges every trades business owner faces:
✔ How do I find and keep good techs when everyone is hiring?
✔ What do I do when customers don’t pay their invoices?
✔ How do I charge what I’m worth without getting undercut?
✔ Should I buy or lease my next truck or van?
✔ How do I get my crew to stop scrolling their phones and actually work?
✔ What’s the second easiest way to increase my profits? (The first is hitting play on this podcast!)



We also bring on some of the most successful trades business owners in the world—real people who’ve built multimillion-dollar companies—so you can learn exactly how they did it.



This isn’t just another business podcast. It’s your shortcut to building a highly profitable, well-oiled trades business that gives you more money and more freedom.



👉 Subscribe now and join thousands of tradies and contractors turning their businesses into profit machines.

About your host

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Tony Fraser Jones