Building a profitable contracting business is just like building a successful project – it begins with a blueprint and plan that outlines what you want the end result to look like. And just like bidding a project starts with the end in mind, so does building a budget for your business.
In today’s video, I walk you through how to build an operating budget, that includes benchmarks for what a successful remodeling business wants to have in net profit margins and cash reserve goals.
You’ll also get my free Budget Goals Worksheet guide to help get you started!
p.s. If you want more tools to help you increase the profits in your contracting business, check out my book, ”The Profit Bleed – how managing margin can save your contracting business”. For a limited time, it’s FREE – you just pay for shipping and handling.