The success of your business requires constantly updating the procedures and assumptions that you have relied on in the past. But there is a huge gap between knowing that the things are changing and knowing specifically what needs to be done to adjust. Fortunately, the Foundation has a toolbox to help spotlight what needs your attention.
Overhead and Profit Calculator
“How much should I be charging my customers?” is a core question that every business owner needs to answer. Getting to a solid answer relies on knowing what it costs to run the business. The Overhead and Profit Calculator was created to help service & repair contractors accurately determine their breakeven cost and selling price per billable hour.
Contractors have seen their cost structures shift dramatically since 2020 due to COVID-19, inflation and materials shortage impacts, but may not have stopped to recalculate their break-even and selling price. If you have not examined your current costs and pricing recently, please take the time to do this now. Having accurate information on what it costs to run the company can make or break decisions on staffing, adjusting expenses or what work to chase.
Hit the button below to visit the Overhead and Profit Calculator’s webpage with additional information and download links.
Overhead and Profit Calculator
New and Updated Tools
Below are new and recently updated tools from the Foundation, Kirk Alter and the “Survive and Thrive in Times of Crises” session attendees in response to COVID-19 impacts.