Tom and Dan address your questions about including your overhead in your gross profit, how you handle estimations with the differences in price between materials, if Facebook advertising is a good idea, and surrounding yourself and networking with other like-minded individuals.
In this episode, we talk about…
Question1: I included my overhead in my hourly rate. Do I still need to include it in the gross profit?
Question2: How do you deal with estimates with the way materials are all over the place price-wise?
Question3: Do you think Facebook advertising is a good idea?
Question4: What should a first-year look like for a new business when funding is limited to using the profits to reinvest? I have no access to any loans or outside help.
Question5: Say something about the importance of surrounding yourself and networking with like-minded people and how that affects profitability and growth.
Question6: Can you put the job costing link in there?
Submit your questions to firstname.lastname@example.org with the subject "Podcast" and Tom and Dan will try and answer them on an upcoming show.
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