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023: The Critical Role of Proper Software and Systems Setup in Business: TradiePad's Foundation For Success (Part 2)
In this episode of Profit First For Tradies, we continue the conversation about the critical role of proper software and systems setup in business: TradiePad’s foundation for success with Clinton Cowin and Scott Simpson.
In line with the previous episode, this one centres on the impact of not being able to capture the correct data brought about by not using the proper systems in business.
A lot of distressed business owners go to Clinton and Scott because they don't know where they are in business and not being able to properly evaluate data on time, costs, profit, materials, etc.
Recording every single data is key to understanding business areas that are bringing profit or are costing you. Moreover, accurate data serves as a guide to making better decisions in business processes, systems, and potential changes.
In this episode of the Profit First for Tradies, you’ll learn the following:
Using the correct systems and software in the business allows you to capture valuable data. And this information gives you options about what needs to change or what can be improved.
If you haven’t listened to our previous episode about The Critical Role of Proper Software and Systems Setup in Business: TradiePad's Foundation For Success (Part 1), check out Episode 022.
QUOTES
"We're not tradespeople anymore, we're actually data collectors, we got to collect this information about what we're doing and how we're doing it so that we can analyse our businesses." -Clinton Cowin
"By capturing the time and all of our material costs accurately, we can then be confident that we've got all our costs captured against the job." -Clinton Cowin
"Time recording and recording costs against the job is key because it leads into job costing and being able to run a profitable business." -Scott Simpson
"If you're running manually, or if you don't have visibility on how profitable your business is, the worst case scenario is you might not have a business." -Scott Simpson
"So many businesses are winging their numbers. They're making it so much harder for themselves by not having these systems and cold hard data in place." -Katie Crismale-Marshall
"Data gives you choices and options." -Katie Crismale-Marshall
Resources
CONNECT WITH CLINTON COWIN
CONNECT WITH SIMON SIMPSON
CONNECT WITH KATIE CRISMALE-MARSHALL
Facebook: https://www.facebook.com/ProfitFirstforTradies/
In line with the previous episode, this one centres on the impact of not being able to capture the correct data brought about by not using the proper systems in business.
A lot of distressed business owners go to Clinton and Scott because they don't know where they are in business and not being able to properly evaluate data on time, costs, profit, materials, etc.
Recording every single data is key to understanding business areas that are bringing profit or are costing you. Moreover, accurate data serves as a guide to making better decisions in business processes, systems, and potential changes.
In this episode of the Profit First for Tradies, you’ll learn the following:
- The effect of choosing the right management software on tracking costs and profitability (01:45)
- The importance of investing in systems and software training (06:37)
- The power of business tools integration (08:20)
- How to reach out to TradiePad (13:22)
Using the correct systems and software in the business allows you to capture valuable data. And this information gives you options about what needs to change or what can be improved.
If you haven’t listened to our previous episode about The Critical Role of Proper Software and Systems Setup in Business: TradiePad's Foundation For Success (Part 1), check out Episode 022.
QUOTES
"We're not tradespeople anymore, we're actually data collectors, we got to collect this information about what we're doing and how we're doing it so that we can analyse our businesses." -Clinton Cowin
"By capturing the time and all of our material costs accurately, we can then be confident that we've got all our costs captured against the job." -Clinton Cowin
"Time recording and recording costs against the job is key because it leads into job costing and being able to run a profitable business." -Scott Simpson
"If you're running manually, or if you don't have visibility on how profitable your business is, the worst case scenario is you might not have a business." -Scott Simpson
"So many businesses are winging their numbers. They're making it so much harder for themselves by not having these systems and cold hard data in place." -Katie Crismale-Marshall
"Data gives you choices and options." -Katie Crismale-Marshall
Resources
- TradiePad
- Profit First for Tradies
- Profit First Professionals
CONNECT WITH CLINTON COWIN
- Website: https://www.tradiepad.com.au/
- Facebook: https://www.facebook.com/mrtradiepad/
- LunkedIn: https://www.linkedin.com/in/clintoncowin/
CONNECT WITH SIMON SIMPSON
- Website: https://www.tradiepad.com.au/
- LinkedIn: https://www.linkedin.com/in/scott-simpson-48988351/
CONNECT WITH KATIE CRISMALE-MARSHALL
- Website: https://www.profitfirstfortradies.com.au/
- YouTube: https://www.youtube.com/@profitfirstfortradies9503/featured
Facebook: https://www.facebook.com/ProfitFirstforTradies/
View all episodes
By Katie Crismale-MarshallIn this episode of Profit First For Tradies, we continue the conversation about the critical role of proper software and systems setup in business: TradiePad’s foundation for success with Clinton Cowin and Scott Simpson.
In line with the previous episode, this one centres on the impact of not being able to capture the correct data brought about by not using the proper systems in business.
A lot of distressed business owners go to Clinton and Scott because they don't know where they are in business and not being able to properly evaluate data on time, costs, profit, materials, etc.
Recording every single data is key to understanding business areas that are bringing profit or are costing you. Moreover, accurate data serves as a guide to making better decisions in business processes, systems, and potential changes.
In this episode of the Profit First for Tradies, you’ll learn the following:
Using the correct systems and software in the business allows you to capture valuable data. And this information gives you options about what needs to change or what can be improved.
If you haven’t listened to our previous episode about The Critical Role of Proper Software and Systems Setup in Business: TradiePad's Foundation For Success (Part 1), check out Episode 022.
QUOTES
"We're not tradespeople anymore, we're actually data collectors, we got to collect this information about what we're doing and how we're doing it so that we can analyse our businesses." -Clinton Cowin
"By capturing the time and all of our material costs accurately, we can then be confident that we've got all our costs captured against the job." -Clinton Cowin
"Time recording and recording costs against the job is key because it leads into job costing and being able to run a profitable business." -Scott Simpson
"If you're running manually, or if you don't have visibility on how profitable your business is, the worst case scenario is you might not have a business." -Scott Simpson
"So many businesses are winging their numbers. They're making it so much harder for themselves by not having these systems and cold hard data in place." -Katie Crismale-Marshall
"Data gives you choices and options." -Katie Crismale-Marshall
Resources
CONNECT WITH CLINTON COWIN
CONNECT WITH SIMON SIMPSON
CONNECT WITH KATIE CRISMALE-MARSHALL
Facebook: https://www.facebook.com/ProfitFirstforTradies/
In line with the previous episode, this one centres on the impact of not being able to capture the correct data brought about by not using the proper systems in business.
A lot of distressed business owners go to Clinton and Scott because they don't know where they are in business and not being able to properly evaluate data on time, costs, profit, materials, etc.
Recording every single data is key to understanding business areas that are bringing profit or are costing you. Moreover, accurate data serves as a guide to making better decisions in business processes, systems, and potential changes.
In this episode of the Profit First for Tradies, you’ll learn the following:
- The effect of choosing the right management software on tracking costs and profitability (01:45)
- The importance of investing in systems and software training (06:37)
- The power of business tools integration (08:20)
- How to reach out to TradiePad (13:22)
Using the correct systems and software in the business allows you to capture valuable data. And this information gives you options about what needs to change or what can be improved.
If you haven’t listened to our previous episode about The Critical Role of Proper Software and Systems Setup in Business: TradiePad's Foundation For Success (Part 1), check out Episode 022.
QUOTES
"We're not tradespeople anymore, we're actually data collectors, we got to collect this information about what we're doing and how we're doing it so that we can analyse our businesses." -Clinton Cowin
"By capturing the time and all of our material costs accurately, we can then be confident that we've got all our costs captured against the job." -Clinton Cowin
"Time recording and recording costs against the job is key because it leads into job costing and being able to run a profitable business." -Scott Simpson
"If you're running manually, or if you don't have visibility on how profitable your business is, the worst case scenario is you might not have a business." -Scott Simpson
"So many businesses are winging their numbers. They're making it so much harder for themselves by not having these systems and cold hard data in place." -Katie Crismale-Marshall
"Data gives you choices and options." -Katie Crismale-Marshall
Resources
- TradiePad
- Profit First for Tradies
- Profit First Professionals
CONNECT WITH CLINTON COWIN
- Website: https://www.tradiepad.com.au/
- Facebook: https://www.facebook.com/mrtradiepad/
- LunkedIn: https://www.linkedin.com/in/clintoncowin/
CONNECT WITH SIMON SIMPSON
- Website: https://www.tradiepad.com.au/
- LinkedIn: https://www.linkedin.com/in/scott-simpson-48988351/
CONNECT WITH KATIE CRISMALE-MARSHALL
- Website: https://www.profitfirstfortradies.com.au/
- YouTube: https://www.youtube.com/@profitfirstfortradies9503/featured
Facebook: https://www.facebook.com/ProfitFirstforTradies/
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