3 Critical Financial Tools Every Tradie Needs to Succeed Inside This Guide
Are you a Sole Trader or a trust in which you can't pay yourself a wage through payroll and get paid through Owner's Drawings instead? Chances are that you don't account for your drawings in your profit and loss statement and as such don't have a clear understanding of how profitable your jobs are. In this guide, I show you how to include your owner's drawings in your profit calculations to really know what your Gross Profit margin is.
How much income is enough to make money in your business? This simple break-even calculator shows you how easy it is to work out how much you need to make to cover all of your expenses and start making a profit.
"Paul is a straight shooter with a head for numbers and strategy. What really sets him apart is his genuine desire to help you and your business. Such a genuine guy with sound business knowledge to really help you excel and create the business you really want! The work he has done for ECOlectrical has been outstanding, I highly recommend Paul if you are looking to grow your business and create the life that you want. His knowledge and analytical approach will really help you get clear on how to get to wherImagee you want to be."
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