Planning For Profit Workshop

Event Details

Event Description

The “Planning for Profit is an amazing program that is guaranteed to increase your profitability.  Over the three days we cover everything it takes to run your company from the “business side” of the business.  We cover labor pricing, cash flow, cash flow budgeting, what to track and how to track it.  We spend several hours on maintenance agreements and collections and provide enough tax tips to pay for your trip several times over.  The heart of the three days involves modeling your company on our computer software.  You will model your company, by department, using your information (list of what to bring is provided).  Once modeled you will know:

  • What is making money and what is not
  • What hourly rates must be charged in each department in order to cover your costs while still making a reasonable profit.  You will also know each departments breakeven rate
  • You will have created a month-by-month, department-by-department cash flow budget for each department and the company as a whole
  • How to price residential and commercial maintenance agreements, based on your costs of doing business
  • You will know what internal hourly rate to use if you go to flat rate pricing (if is different than your time and material rate!)
  • Best of all you will make copies of your model and begin the “what if” process of maximizing your profitability (what if we added a tech or office person, bought a new vehicle, changed an overhead cost or marked our materials up another 3% to 5%).  Make the changes and you will instantly know how those proposed changes will affect your hourly rate, cash flow and profitability.

Comment Wall

Comment

RSVP for Planning For Profit Workshop to add comments!

Join Home Energy Pros

Attending (1)

Home Energy Pros

Home Energy Pros was founded by the developers of Home Energy Saver Pro (sponsored by the U.S. Department of Energy,) and brought to you in partnership with Home Energy magazine.

Latest Activity

Profile IconEric Kjelshus and Trip Smith joined James Sayers's group
Thumbnail

Marketing Energy Efficiency

Sharing ideas, tools and examples of promoting energy efficiency to consumersSee More
1 hour ago
Bob Blanchette replied to Christopher Talarico's discussion Heating with Tankless Water Heater & Hydronic Air Handler vs. Gas Furnace
"When it costs the same price as 2 separate systems there is no juice regardless of how hard you…"
2 hours ago
j. west shared Christopher Morin's blog post on Facebook
8 hours ago
j. west commented on Christopher Morin's blog post UPDATED: Big Changes for Duct Testing in MA
"You're right Christopher- the trick to saving the profit margin is being in several places at…"
8 hours ago
tedkidd replied to Christopher Talarico's discussion Heating with Tankless Water Heater & Hydronic Air Handler vs. Gas Furnace
"Nice posts Steven and Eric.   Scale on my combi is a recurring problem.  Attaching…"
9 hours ago
Eric Kjelshus replied to Christopher Talarico's discussion Heating with Tankless Water Heater & Hydronic Air Handler vs. Gas Furnace
"I find the tank less hot water lime up.   I have a condensate pump that I pump white vinegar…"
9 hours ago
Trip Smith joined Hal Skinner's group
Thumbnail

The RCC Classroom (Radiant Control Coatings)

A group where energy professionals can learn about all the different energy saving aspects of…See More
11 hours ago
Trip Smith commented on Diane Chojnowski's group Facebook Pages
"Just went through the first few pages liking the active Facebook pages. I've found that…"
11 hours ago

© 2014   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service