The Contractor Fight with Tom Reber TCF832: Contractor Business Math: What is Overhead?
It is important to understand your overhead if you want success in your business. Pricing jobs correctly, setting sales and lead generation goals, or hitting profit targets become impossible when you do not know your real overheads. In this quick episode, Tom breaks down what overhead really means for your contracting business.
Episode Highlights:
[00:00] - Intro
[00:48] - What is overhead
[02:26] - Fixed expenses
[03:08] - Variable expenses
[03:49] - Understanding overhead is important for financial success
[04:48] - 50% GP – fastest way to make more money
Resources:
💰 You didn’t become a contractor to struggle financially. Download our worksheet and start calculating a 50% gross profit on every job. It’s time to get your shit together! https://thecontractorfight.com/50/
💸 Grab your copy of our FREE Contractors Guide to Spotting Cheap Prospects here: https://thecontractorfight.com/cheap
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