How much Money does your Construction Trade Services Business really make?
Your profit % should be between 15%-25%. Estimate how much you really make.
** Disclaimer: Results not to be taken as financial advice
By using this calculator you agree to the terms . Lucrature will not be held responsible or liable in any way for any reliance on these results. This calculator is for illustrative purposes only. Several assumptions have been made around staff utilization, profit margin on material, and overhead ratios. These cost attributes can vary wildly from business to business and may not be 100% accurate for your business. Please reach out to Lucrature if you would like more information.
3 Critical Mistakes
Trade Services Business Owners Make.
- Unable to tell if each job really makes you money.
- Underestimate non-chargeable hours.
- Set prices based on what other businesses are doing.
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- Waste management business got 5.56 times more profit, and achieved the best weekly sales ever - in 2 months.
- Drainage business, from no money, owners about to quit, to 3.06 times more profit and loving their business again - in 45 days.
- Commercial cleaning business went from working 6 days a week to 3 days and increased profit by 32%
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