What's Your Profit Margin??
Profit margins - they’re the bit that keeps the business ticking over after the dust has settled and the job’s done. But how much are trades actually making? Is it 10%, 20%, 30%… or are rising costs and tight budgets squeezing it even lower? Today, we talked money - specifically, what profit margin do you aim for on each job, and is it realistic in the current climate? From pricing up to getting paid, we want to know how you keep things profitable without pricing yourself out of the market. Danny
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