Marketing: What your trade business needs to make more profit

What is your marketing strategies for 2019?

Strategy is an important aspect for any business, including Tradies. Knowing where you are coming from, where you want to be by a certain time and how to get there separates successful and failed businesses.

In consulting, business advice, strategy, tips, small business, Marketing, business growth strategies

5 strategies that can make your trade business more profitable

Making your trade business profitable

You might have just started your trade business or have been in business for a while now, but one of the things that any business owner looks for is profit. Profit is why most people start their own businesses because it comes with early retirement or peace of mind knowing your income is secure.

In consulting, business advice, success, profit margin, strategy, Profit and Loss, growing your business

How to go from Break-even to Profit

Break-even: Part 2

In the first part of the Break-even series, we discussed what the break-even point is, how to calculate it and the 3 important elements you need to employ to achieve that position. As a quick recap, new businesses might not generate expected income in the short term but can make enough revenue which puts them in a position of not making a loss but not making a profit either. At this point the business can still survive, however, the most preferable outcome is that of making a profit as soon as possible.

In consulting, business advice, profit margin, tips, small business, growing your business, Expenses, business growth strategies