two_bit_score
Super Star Member
- Joined
- Dec 22, 2008
- Messages
- 10,983
- Tractor
- John Deere 110 TLB, Diamond C 19LPX GN trailer
Re: Man with an excavator here. Considering doing a little "for hire" work.
I thought this might add something for anyone considering doing some side work and wondering how to know if they are pricing their jobs correctly. Pretty sure most already know.
How Do You Know You're Making Money? | JLC Online
From the article: "A client recently sent me an e-mail asking an accounting question. But first, he provided a brief update: çš„ have been busy working and, I believe, making money?
What stood out to me was that he added a question mark to what might otherwise have been a celebratory statement. And that reminded me of how easy it is to get lost in the work and lose sight of the profité*�nd to fool yourself into thinking things are going one way when they may not be. In these challenging times, as the pandemic forces the work to slow down, ramp up, and potentially slow down again, itç—´ even more important to pay attention. Here are two tips that can help you keep your finger on the pulse of your business."
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I thought this might add something for anyone considering doing some side work and wondering how to know if they are pricing their jobs correctly. Pretty sure most already know.
How Do You Know You're Making Money? | JLC Online
From the article: "A client recently sent me an e-mail asking an accounting question. But first, he provided a brief update: çš„ have been busy working and, I believe, making money?
What stood out to me was that he added a question mark to what might otherwise have been a celebratory statement. And that reminded me of how easy it is to get lost in the work and lose sight of the profité*�nd to fool yourself into thinking things are going one way when they may not be. In these challenging times, as the pandemic forces the work to slow down, ramp up, and potentially slow down again, itç—´ even more important to pay attention. Here are two tips that can help you keep your finger on the pulse of your business."
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