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NewestPlumbing pricing: how to price plumbing jobs
Plumbing pricing starts with what one billable hour of a plumber and a truck costs you. Here's the math, flat rate vs T&M, trip fees and after-hours rates.
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Construction WIP report: how to build one
A construction WIP report shows each open job's percent complete, earned revenue and over or under billing. Here's the math on a 3-job example.
Bookkeeping ·
How to read a profit and loss statement
Read a home service P&L top to bottom: revenue by service, techs in cost of goods sold, gross margin, overhead, your pay and the 4 lines to check monthly.
Bookkeeping ·
How to price electrical work
Price electrical work from one billable-hour rate: labor, overhead and profit per hour you invoice. Here's the math on a panel upgrade and an EV charger.
Cash and pricing ·
Plumbing business profit margins by job type
No public benchmark covers plumbing shops your size. Here's what Roto-Rooter's filing shows, a worked P&L by job type and how to find which work pays.
Cash and pricing ·
How to pay yourself as a business owner
Your entity decides how you get paid. Profit, not the bank balance, decides how much: a set amount on a schedule, tax set aside, trued up each quarter.
Taxes ·
How to value an HVAC business before you sell
Most HVAC shops sell for 2 to 3.3 times seller's discretionary earnings. Here's how buyers get that number and what to fix in your books to raise it.
CFO help ·
Bookkeeper vs controller vs CFO: who comes first
A bookkeeper records, a controller checks and closes the month, a CFO plans. What each does for a trades business, and the order to add them.
CFO help ·
QuickBooks for contractors: how we set it up
We keep contractors' books in QuickBooks Online, fed by ServiceTitan, Jobber or Housecall Pro and by Gusto or ADP. Here's the setup and when it's wrong.
Bookkeeping ·
How to calculate labor burden for your crew
Labor burden is what a tech costs beyond the wage: payroll taxes, workers' comp, benefits and paid time off. Here's the math, with 2026 IRS rates.
Cash and pricing ·
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