Grow My Accounting Practice | Tips for Accountants, Bookkeepers and Coaches to Grow Their Business

Shawn Van Dyke: Profit First for Contractors

06.16.2022 - By Mike MichalowiczPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Show Summary From the outside, contractors look like pretty hard-nosed individuals. In reality, they are lovable and soft on the inside and have the goal of wanting to make people smile. It’s a compliment, but it is one of the biggest business problems. They get so much satisfaction out of pleasing people, which often means undercutting themselves and not getting paid enough for what they do. Pricing is a challenge across all industries, and even hard-nosed contractors are faced with it. Shawn Van Dyke shares that the first thing he would tell his clients or the contractors to increase profitability is to raise their prices. If you’re not making money in a business, then you are running a charity. He also addresses how seasonality affects him as a contractor and how a CPA or a bookkeeper helps the contractors earn money. Shawn also compares the difference between good tax advice and good business advice.   Website: https://shawnvandyke.com/ Instagram: https://www.instagram.com/shawnvandyke/ Corporate Partner: People Process - https://peopleprocesses.com/

More episodes from Grow My Accounting Practice | Tips for Accountants, Bookkeepers and Coaches to Grow Their Business