The Jered Williams Show

#79 How to Price Your Plumbing Business in 2024

6 snips
Jan 5, 2024
Tips on pricing plumbing businesses in 2024, including evaluating costs, understanding market demand, and competitive pricing. Emphasis on value-based pricing for profitability and customer satisfaction. Exploring challenges faced by long-standing plumbing businesses and strategies to accommodate rising costs and inflation. Importance of tracking expenses and calculating hourly rates, and using data-driven decision making for future opportunities in the industry.
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1
Introduction
00:00 • 3min
2
The Importance of Properly Pricing Plumbing Services
02:30 • 12min
3
Understanding Pricing in a Plumbing Service Business
14:55 • 16min
4
The Importance of Value and Pricing in a Plumbing Business
31:20 • 7min
5
37:52 • 2min
6
Challenges and Pricing Strategies
40:04 • 7min
7
Tracking Expenses and Calculating Hourly Rate in a Plumbing Business
46:48 • 12min
8
The Financial Aspects of Running a Plumbing Business
59:16 • 25min
9
The Importance of Pricing Numbers
01:24:21 • 3min
10
Data-Driven Decision Making and Future Opportunities in the Plumbing Business
01:27:37 • 5min