Benefits of
Tradie Gauge™
What gives 50%
margin?
Markup: You must markup both labour & materials. If you are a 'one man band'
always markup your own labour & let Tradie Gauge™ work it out for your business.
Margin: Tradie Gauge™ works out your margins. e.g. 100% mu gives 50% margin.
If cost is $50, this mu gives sales price of $100. 50/100 is the margin ($50 gross profit).
-
Be aware of risks
- No free materials delivery.
- Know markup & margin.
- No 'el cheepo' materials.
- Be aware of waste.
- Employ the best.
- Do better quoting.
- Ask us for advice!
No waste &
do the Twist™
Waste, or idle time, spent by workers is your enemy.
Idle time sneaks into operations - less profit (you) and late completion (client). Allow for some waste in
Tradie Gauge™ such as for training. If you allow workers to use
Facebook, get morning teas, engage in unnecessary 'chit chat' with the client then you'll know what it is!
Twist™ or labour leverage can be very profitable if other jobs are waiting and is only effective with
A grade workers.
Clients are always in charge. No work is ever started without client agreement to the quotation.
No invoice is paid unless client is satisfied with the work.
This app is to assist in improving business practices.
Don't believe in
Breakeven
- Breakeven = no profit.
- Desired profit is added.
- This is your aim.
- Tradie Gauge™ knows this.
- No complex accounting.
- Remember, 'reasonably accurate'.
- Ask if in doubt.
Can you afford not to have Tradie Gauge™?
Not really. If you have fixed costs of $5,000 per average month
and you want to make $10,000 per average month, you need to make around $86 per hour after workers are paid! Not including
profits from materials.