Am I Calculating This Correctly?

 
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Old 11-04-2017, 07:58 AM   #121
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Re: Am I Calculating This Correctly?


Ethan B @ Post #120: Excellent advice, And if you forward your business during the "down" time = more money $, clean the shop/truck, mail invoices, inventory, tax planning, retirement planning, cold calling, training, maintenance, warranty calls, and maybe Conventions?....Have a plan, work the plan......

Don't be the "Maytag" service man with thumbs up....

Discounted annual preventive service work, charity donations to local churches etc...

Schools, tech pubs readings, labor for training swaps to add skills.

OSHA classes, various certs and licenses.... lead abatement, heat loss imagining....Home appraisals/inspections..Contractor orgs, Business clubs. volunteer for local government committees....

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Old 11-04-2017, 12:07 PM   #122
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Re: Am I Calculating This Correctly?


Quote:
Originally Posted by Zkmconstruction View Post
My husband is a licenced electrician, and neither one are licenced in plumbing, but in Ohio, you do not have to be licenced to do residential work. I have checked with county and state, and also BBB on those. To help us out, we do have a "handyman" licence and in the process of getting a general contractors licence (can not do things like room additions without it).
I was not aware of Ohio not requiring plumbers to be licensed. In every community where I have pulled permits, we always had to have a licensed plumber do that. I am in northeast Ohio, so maybe it is just all of the communities here.
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Old 11-04-2017, 03:00 PM   #123
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Re: Am I Calculating This Correctly?


In Cali a GC can pull any trades permit he wants. He can also do it in house.


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Old 11-04-2017, 04:23 PM   #124
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Re: Am I Calculating This Correctly?


My county doesn't require any licensing for electrical but does for plumbing...but only for new..go figure. That is just residential. Commercial requires licensing for both.
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Old 11-05-2017, 12:07 PM   #125
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Re: Am I Calculating This Correctly?


This thread is pretty fascinating and has some great info. I will second the recommendation for the book Running a Successful Construction Company, and add a recommendation to get the book The E-Myth. I listened to The E-Myth Revisited on the Audible app, and from what youíve (the OP) been saying I feel like you would get a lot out of it. You may not be wanting to build a big business, but the principles apply to any size business.

Anyway, good luck to the op, Iím rooting for you guys!


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Old 11-06-2017, 10:19 AM   #126
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Re: Am I Calculating This Correctly?


Quote:
Originally Posted by Bearded Wonder View Post
This thread is pretty fascinating and has some great info. I will second the recommendation for the book Running a Successful Construction Company, and add a recommendation to get the book The E-Myth. I listened to The E-Myth Revisited on the Audible app, and from what you?ve (the OP) been saying I feel like you would get a lot out of it. You may not be wanting to build a big business, but the principles apply to any size business.

Anyway, good luck to the op, I?m rooting for you guys!


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Thank you! I will look into it!

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