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07. Gross And Net Profit Margins Explained And How To Work Your Numbers Out
Be honest, do you understand or know how to work out your gross and net margin figures on your jobs?
Do you know how to tell if your business overheads are crippling your business and destroying your net profit?
How the hell can you build a business that will look after you and your family for the next 30 years if you are winging it with your numbers?
In this episode, I coach you through the exact numbers that you need to explode your profits and how to work out your numbers.
Key Learnings & Actions From This Episode:
1. Learn why you are burying your head in the sand and ignoring your numbers
2. Find out how to work out your gross and net profit on any job or over a given period of time
3. Discover the mathematical equation on how to work out your margins as a percentage
4. Find out what you must do with the numbers once you have worked them out
5. Discover who you need to have a meeting with to sort your finances out
If you are losing money, breaking even or not making the profits you deserve for the time and effort you are investing into your business… You need to listen to this episode NOW!
🎧 LISTEN TO ALL OUR PODCAST EPISODES HERE: https://tradesfreedomclub.com/podcast
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APPLY TO JOIN OUR "INNER CIRCLE" MARKETING & BUSINESS COACHING PROGRAMME: https://tradesfreedomclub.com
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FOLLOW US ON OUR SOCIAL MEDIA PLATFORMS:
Join Our Safe & Thriving Facebook Group & Community: https://www.facebook.com/groups/tradesfreedomclub
Instagram: https://www.instagram.com/tradesfreedomclub
TikTok: https://www.tiktok.com/@tradesfreedomclub
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WHO WE HELP AND SUPPORT
At the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.
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By Craig Wilkinson: Trades and Construction - Tradesman - Trades Freedom ClubBe honest, do you understand or know how to work out your gross and net margin figures on your jobs?
Do you know how to tell if your business overheads are crippling your business and destroying your net profit?
How the hell can you build a business that will look after you and your family for the next 30 years if you are winging it with your numbers?
In this episode, I coach you through the exact numbers that you need to explode your profits and how to work out your numbers.
Key Learnings & Actions From This Episode:
1. Learn why you are burying your head in the sand and ignoring your numbers
2. Find out how to work out your gross and net profit on any job or over a given period of time
3. Discover the mathematical equation on how to work out your margins as a percentage
4. Find out what you must do with the numbers once you have worked them out
5. Discover who you need to have a meeting with to sort your finances out
If you are losing money, breaking even or not making the profits you deserve for the time and effort you are investing into your business… You need to listen to this episode NOW!
🎧 LISTEN TO ALL OUR PODCAST EPISODES HERE: https://tradesfreedomclub.com/podcast
-------------------------------------------------------------------
APPLY TO JOIN OUR "INNER CIRCLE" MARKETING & BUSINESS COACHING PROGRAMME: https://tradesfreedomclub.com
-------------------------------------------------------------------
FOLLOW US ON OUR SOCIAL MEDIA PLATFORMS:
Join Our Safe & Thriving Facebook Group & Community: https://www.facebook.com/groups/tradesfreedomclub
Instagram: https://www.instagram.com/tradesfreedomclub
TikTok: https://www.tiktok.com/@tradesfreedomclub
-------------------------------------------------------------------
WHO WE HELP AND SUPPORT
At the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.
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