Fostering Service celebrates 25 Years of Making a Lives Better
Caritas Care’s Fostering Service celebrates 25 years of dedicated service, staying true to our mission to recruit and support foster families across the North W...
Caritas Care’s Fostering Service celebrates 25 years of dedicated service, staying true to our mission to recruit and support foster families across the North W...
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To all Contractors and Subcontractors!
We are giving you today a completely free tool which will change your life forever!
How often have you ended up with a loss-making “profitable” project?
That is right; the project can be profitable and loss-making for your business if you are not careful. The bigger the project, the higher the risk.
Here are the points:
· If your project makes £ 200K gross profit in six months, and your overheads in that period exceed that value (overheads mean all admin and fixed costs not related directly to a project), that project will be loss-making!
· Consider how much costs must be covered by the project profits? If a baker bakes bread, he will not survive when he sells ten loaves of bread/month, even if the gross profit margin is 80%!
· Gross profit margin is a clever ratio of the gross profit divided by sales. It will always be smaller than your markup.
· How big is your project? What is the company capacity left? It is worth considering whether the project must cover all your overheads or only 50%. To what capacity do you use your resources for this project?
Our calculator will answer the above points quickly, allowing you to do what-if analysis.
PLUS - it will calculate a break-even point for your project and advise on a minimum value for the project to be viable for the business.
In return, I ask for your feedback; send us an e-mail, call us, or submit a smiley face!
We are here to help and support the construction SME sector! We are here for YOU.
https://www.profit-calc.co.uk/
4 Smith Street, Rochdale, Greater Manchester, OL16 1TU
01706550825
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