Trades Secrets: Contractor Marketing

Episode 29 - 7 Common Pricing Mistakes That Are Crippling Your Business with

July 25, 2023 Devon Hayes & Amanda Joyce
Episode 29 - 7 Common Pricing Mistakes That Are Crippling Your Business with
Trades Secrets: Contractor Marketing
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Trades Secrets: Contractor Marketing
Episode 29 - 7 Common Pricing Mistakes That Are Crippling Your Business with
Jul 25, 2023
Devon Hayes & Amanda Joyce

Are you a contractor, builder, or remodeler struggling with your business's financials? Join us for an insightful interview with Randy Stanbury, an accomplished entrepreneur and business coach, as he shares the key to success in the construction industry.

4 Level Coaching: https://4levelcoach.com/
Building Freedom Podcast: https://buildingfreedompodcast.com/

🏗️ In this episode, Randy reveals "The Sweet 16" - 5 crucial things you must know and 7 common mistakes to avoid. Discover practical strategies to increase your profit and get the full webinar for even more insights.

📝 Here's what we'll cover:

  1. Pricing without knowing overheads - Profit before growth.
  2. Misallocating expenses - A common pitfall.
  3. Including project management fee in COGS.
  4. Understanding markup vs. gross profit.
  5. Handling labor burden in your billable rate.
  6. The importance of job review.
  7. Operating based on accurate overheads.

Find out how we can help you grow your business: https://elevmarketing.com/

Trades Secrets: Contractor Marketing is for home services contractors and who are looking for easy to implement marketing tips and strategies. This podcast is for you if you're looking for actionable marketing tactics that are not over your head, and apply to ALL trades. We'll keep you apprised of what's new, and what should be on your radar for all things digital marketing.

Show Notes

Are you a contractor, builder, or remodeler struggling with your business's financials? Join us for an insightful interview with Randy Stanbury, an accomplished entrepreneur and business coach, as he shares the key to success in the construction industry.

4 Level Coaching: https://4levelcoach.com/
Building Freedom Podcast: https://buildingfreedompodcast.com/

🏗️ In this episode, Randy reveals "The Sweet 16" - 5 crucial things you must know and 7 common mistakes to avoid. Discover practical strategies to increase your profit and get the full webinar for even more insights.

📝 Here's what we'll cover:

  1. Pricing without knowing overheads - Profit before growth.
  2. Misallocating expenses - A common pitfall.
  3. Including project management fee in COGS.
  4. Understanding markup vs. gross profit.
  5. Handling labor burden in your billable rate.
  6. The importance of job review.
  7. Operating based on accurate overheads.

Find out how we can help you grow your business: https://elevmarketing.com/

Trades Secrets: Contractor Marketing is for home services contractors and who are looking for easy to implement marketing tips and strategies. This podcast is for you if you're looking for actionable marketing tactics that are not over your head, and apply to ALL trades. We'll keep you apprised of what's new, and what should be on your radar for all things digital marketing.