How much should you pay and charge?

How much should you pay and charge?

This is important, isn’t it?  I know there are no real rules to either of these things and I also know that you face upward pressure from your tradespeople to pay them more and downward pressure from your customers to charge them less. So, if you get this wrong...
How to Automate Your Bookkeeping

How to Automate Your Bookkeeping

This is a Toolbox Tip and I’m talking about automating your bookkeeping or specifically the processing and payment of receipts, bills, and invoices from suppliers. If you’re growing your trade business and you’re spending time in Xero or Quickbooks...

How To Understand Your Numbers

When we interviewed Dan Pollard, CEO of Fergus he had a lot to say on the topic of numbers, namely that not knowing what his margins were is what undid his business in his early 20s. He said “knowing your gross margin and understanding cash flow makes or breaks your...
How Much Margin Should Tradies Make?

How Much Margin Should Tradies Make?

How much margin should you make?  Margins are important and if this feels like I’m making a whole video to make one tiny point I’m not even sorry. As a business coach, the number one problem I see people frustrated by, is having sh*tty skinny margins and...
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