Podcasts

Podcasts for electricians

What are the costs (some hidden) in running an electrical contracting business?
Ray Pavri, Founder electricianXchange

20th January,2023
ElectricianXChange Radio

- What are the costs (some hidden) in running an electrical contracting business?

Are you fully cognisant of all the costs of running your business?

If so - and you budget for them with a margin per unit of work pre-defined, to cover these costs with a defined volume of work allowing you to recover this - why are so many small businesses in the red?

One reason could be that there are costs - some hidden that businesses do not factor in.

And what you do not factor in - never gets recovered - hence a negative bank balance and a negative P&L statement showing.

This podcast outlines costs - some hidden in running an electrical contracting business and is essential reading for anyone who's business is in the red, heading there or where there isn't enough margin left to take home anything.