Chuck Violand cuts through the clutter in this enlightening workshop, as he clearly explains what all those numbers on your company’s financial reports actually mean.
Chuck starts by describing the two most common methods cleaners use to determine their pricing, and explaining why both of them are like playing roulette with your business. Then he provides his audience with fail-safe methods for pricing their work profitably. Finally, he shows them how to cost their work after a job to see just how much money they made. As an added bonus, Chuck shows owner-operators a sure-fire formula for determining profitable pricing.
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Included in this presentation:
- How your balance sheet acts like a camera—and what your banker wants to see in the picture
- What cash flow and cat pee have in common (other than they both stink in the winter!)
- How the “bottom line” is the last number you should look at on your income statement
- The most important financial equation in business (and it’s not “Sales – Expenses = Profit”)
In addition, you’ll see financial models for small, medium, and large cleaning and restoration companies. You’ll receive target budget numbers for everything from advertising, phone, and office expenses to direct labor, owner’s salary, and net profit margins.
If you are serious about your business and always wanted to know how your numbers should look, you must not miss this program!
Requirements:
- 6 hours for presentation
- Projection screen
- Flip chart or white board, and markers
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