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Transform Your Profit Margin: Include These Overheads! 

Decorators Development with Trevor Mangan
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Transform your profit margin by including these crucial overheads in your day rate! In this empowering video, discover how to precisely calculate and integrate your business expenses into your pricing strategy. Are you tired of your hard-earned income vanishing into thin air due to unaccounted costs? Say goodbye to the chaos and hello to profit maximization with our straightforward, proven techniques that are tailor-made for tradespeople.
Unlock your business's full potential as we guide you through setting a competitive day rate that covers all bases-from tools and vehicle maintenance to memberships and office supplies. We'll show you, step-by-step, using real examples and a handy spreadsheet, how to take the guesswork out of your financial planning.
Whether you're just starting out or looking to refine your existing business model, this video is a goldmine of insider knowledge. Learn how to safeguard your earnings and ensure every penny is accounted for, making your business more sustainable and less stressful.
Don't miss out on the opportunity to turn your business around and watch it thrive. Subscribe here for more invaluable trades business tips and strategies that really work. Click the bell icon to stay updated on all our latest content. You can't afford to skip this!
#ExpensesBreakdown #Overheads #DayRate #FinancialLiteracy #FinancialSustainability
CHAPTERS:
0:00 - Introduction
1:24 - Spreadsheet Tutorial
5:42 - Conclusion

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7 авг 2024

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Комментарии : 10   
@jaysmith270
@jaysmith270 2 года назад
Some of us are just starting of small doing leaflets and going door to door' cash in hand private jobs
@richardmcdougall233
@richardmcdougall233 3 года назад
Great channel good info for anyone this, the expenses are tax deductible so technically you could drop your expenses by figure approx 30pc to allow for tax and NI. This would make you touch more competitive.
@Elwooddudes
@Elwooddudes Год назад
Thanks for the tips! I'm starting my new business this year, much appreciated! Will have a good think now...
@submergedcity9489
@submergedcity9489 8 месяцев назад
Also would like to know about tax and profit for this please
@leepainter2619
@leepainter2619 4 года назад
Great video , really helpful thanks
@DecorDev
@DecorDev 4 года назад
Thanks for the feedback really pleased it helped, if you have any ideas for future content please let me know and I will see what I can come up with 👍👍thanks again really appreciated😊
@DecorDev
@DecorDev 4 года назад
Really pleased you found it helpful
@markcheeseman419
@markcheeseman419 2 года назад
What about tax and profit?
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