As a business owner I am sure you have heard of the concept of paying yourself, however based on my experience of working with hundreds of business owners it’s a concept that many just don’t practice.
The other day one of one of my clients threw her hands up in the air and asked. “Why does this always happen to me?” She was frustrated and really upset. It was interesting because when we dug down a bit deeper it appeared that she was having a very similar challenge with not one but three different suppliers.
Not getting enough of the right work through the door is the death knell for a business and is one of the biggest concerns, worries or fears for a business owner.
How many times have you asked yourself…where did the time go?
When asked this question as tempting as it may be to answer with the price your first response should be the magic question………………….
Many tradies/business owners tell me they don’t like numbers, but most tell me they like money!
When you get a handle on your numbers you will make more money.
Here are a couple of things to keep in mind: