While the 50% gross profit benchmark is almost non-negotiable when it comes to running a successful business, some contractors still feel hesitant about it. Tom is here to tell you five reasons why a minimum 50% gross profit is crucial to building the business that you want.

 

Conversation Highlights:

[00:00] - 50% gross profit is the key to a successful business

[02:30] - What is gross profit 

[03:58] - Fastest and most efficient means of generating profit

[05:03] - Acknowledging the value of your efforts

[07:26] - Maximizing net profitability with fewer jobs

[09:35] - Sustaining business operations and covering overhead costs

[11:38] - Providing a superior customer experience

[13:29] - Closing thoughts

Resources:

== STRONG LEADER LIVE: Are you joining us in Florida for Strong Leader Live? Early bird pricing ends on Friday. Don't pay more than you need to! Register today: https://thecontractorfight.com/strong

 

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== Join us in BATTLEGROUND ==

Everything your contracting business needs in one comprehensive program with three main focus areas: Leadership, Communication, and Numbers. For more info, check out: https://TheContractorFight.com/Battleground 

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