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Wired for Profit
61 members • $89/month
13 contributions to Wired for Profit
4h •
Software
Hey all! I'm in the beginning stages of planning my company. I want to start it on the side while I continue to work for my current employer. One thing I'm trying to figure out is what kind of software everyone's using. So for all your systems, what's everyone running? For estimating, project management, invoicing, bookkeeping, accounting etc? Also include if your focus is more on commercial, residential, industrial. I want to focus on commercial but may do residential in between projects Thanks in advance!
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0 likes • 19d
Yes please to all this! Looking forward to learning and contributing wherever I can!
Apr 28 •
Lowballing Jobs
Be careful not to lowball your way into work! I agree with Igor that you can’t be picky starting out, but make sure you don’t give away your time for free either! Thoughts? @Igor Zhogan
0 likes • Apr 30
Would love you to post your YouTube video here if you don't mind. The last company i worked with always said they're happy to let the low baskets go after the low paying crap jobs. That frees up our man hours to go after the gravy jobs. So don't be afraid to lose some. You shouldn't be getting every job you bid on or your coming in easy to cheap
Apr 27 •
Everything to consider when starting and electrical contracting business
Happy Monday everyone! I hope you all had a good weekend. For this week let's keep a discussion going about a specific topic! Topic for this week : Everything to consider when starting and electrical contracting business For this discussion let's talk about EVERYTHING under the sun that you considered or wish you considered when starting a business. If you haven't started a business yet, what practices have you seen in the company you work for that you WOULD or WOULD NOT implement in your own business. Any thoughts, any ideas. It's all welcome. Feel free to write your own post in this thread on this topic! If you want to record yourself and post a video, that's fine too! Let's have a good week everyone!
1 like • Apr 30
@Tod Craig Im journeying out this week actually. No business yet. That's why all the clarifying questions. I'm building my business model and systems right now and trying to gleam what I can from others more experienced then myself. I do have a side hustle and an using Markate for that but it's only for me so tracking time and what not is not so crucial now. I know when I bid a job that's new and it takes longer than I thought it would, that I need to adjust doing forward so I adjust the item price in the software as to not lose hours next similar job.
1 like • Apr 30
@Tod Craig And as owner operator of this small side hustle business, my employee doesn't get bonuses or profit sharing... the wife takes it all 😜
Apr 28 •
Profit and Loss Simple
This is just a little run down of how I look at P and L! Let me know your thoughts
0 likes • Apr 30
@Bailey Stotts Are you more service based as opposed to long term contracts/ new construction etc? I feel like Tod's way is more job related while your system works better in a service call situation
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