Episode 7

Gross And Net Profit Margins Explained And How To Work Your Numbers Out

35 min listen

Fan Favourite, Finances, Planning

Summary

Be honest, do you understand or know how to work out your gross and net margins 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 them out.

Key Learning and actions from this episode

Why you are burying your head in the sand and ignoring your numbers
How to work out your gross and net profit on any job or over a given period of time
Discover the mathematical equation on how to work out your margins as a percentage
Find out what you must do with the numbers once you have worked them out
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 his episode NOW!

RESOURCES AND LINKS SHARED IN THIS PODCAST

Inner Circle Coaching: Apply to join our Inner Circle marketing and business coaching programme.

Facebook Group: Join our safe and thriving Trades Freedom Club Facebook Group and trades community.

Systemise & Automate Your Business: Start your 14 Day Free Trial to LeadZilla the marketing, automation and sales platform.

Join Our Priority Waiting List: Join our Waiting List for the invitation link to become a Trades Freedom Club founding member when we launch in January 2025

Topics

Finances

Planning

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