What are your Profit Margins?

 |  26th Jun, 19  |  Author: Andy Welch  |  Category: Business Systems  | 

As a small business owner our focus is usually on quoting, winning the next job, getting materials to site and scheduling for future jobs.

When someone asks us what our profit margins are, we usually stumble through a reply and end up saying ‘we’re doing pretty good’ or ‘we’re making ok…

Swimming in the Shallow end of the Pool…

 |  26th May, 19  |  Author: Andy Welch  |  Category: Business Systems  | 

Are you wasting your time and Business working on jobs that return you little or no profit?

It’s a trap many tradies fall in to – chasing the jobs with low profit margins, often referred to as ‘Swimming in the Shallow End of the Pool’. As small business owners we need…

Succession Planning

 |  30th Apr, 19  |  Author: Andy Welch  |  Category: Business Systems  | 

Many small business owners will agree that retention of their team can be one of their biggest challenges.

If not properly managed, they can experience the ongoing issue of investing time and resources to train workers in the procedures and systems of your business, to then find the best and most…

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