The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs cover image

I Found an Untapped Home Service Business with 75% Net Profit Margins. Ep #075

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

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Navigating Pricing and Profitability

This chapter delves into the pricing structure and profit margins of lakefront and pond jobs, highlighting costs ranging from $250 to $4,500. The speakers discuss how labor, equipment expenses, and client-specific factors influence profitability and pricing strategies. They also reflect on their successful quoting methods and the importance of tracking quotes to refine their business approach, ensuring high margins and operational efficiency.

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