Quick Course: 5 Ways to Increase Your Profits On Every Job – Part 3 of 4
3: How Job Costing Helps You Spot (and Eliminate) Your Low-Profit and Loser Jobs
Every low-profit and “loser” job is wiping out the profit you’re making on other jobs!
When you replace projects that lose money (or only yield minimal profits) with jobs that achieve your gross profit targets, you substantially increase your gross profit. (The podcast has “do-the-math” examples.)
If different types of work yield different profit margins, use this information to shift your focus into higher gross profit work. Listen to the podcast to hear what this could mean in real cash-in-your-pocket changes.
These two action steps can significantly increase your income – WITHOUT SELLING MORE, HIRING MORE PEOPLE, OR WORKING HARDER!