Every tradie’s been there ... you’re flat out, booked solid, and still wondering why there’s no money left at the end of the month. The thing is: You can’t fix poor profit by working harder. You fix it by working smarter, with better systems. When your systems are tight, everything changes: ✅ Jobs run smoother ✅ Team stays accountable ✅ Quotes and invoices don’t slip through the cracks ✅ You finally stop running around putting out fires all day If your business feels like it’s running you instea
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What’s a ‘good’ profit margin for an electrical business? Tradies always ask, "How much profit should I be making?" The answer? It depends on the size of your business. Big businesses ($10M+) might only have 5-% net profit. Smaller trade businesses can be hitting 20-30%. If you're doing $1M turnover, a strong target is 15-25% net margin, while still paying yourself a wage. Are you hitting these numbers? | Lifestyle Tradie | Facebook
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