Can you track retainage on construction jobs?

Yes. Retainage gets its own receivable by job, so your reports show what you billed, what's been paid and what the builder is still holding.

We do residential service and commercial work. Can you separate them?

Yes. Each gets its own income and cost lines, and your monthly numbers show their gross margins side by side.

Do you run payroll for apprentices and journeymen?

Yes. We run payroll for the whole crew and code wages to the work, so labor shows up in your job costs instead of overhead.

Can you help me price around copper swings?

Yes. Your specialist compares material cost with the estimate, so the next bid goes out on current prices.

Electrical books and coaching

Your license should pay you more.

Your specialist does the books, taxes and payroll, then coaches you on bids, crew hours and slow-paying builders so more of what you bill makes it home.

Book a profit call 623-299-7142

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Cost of goods

Electrical

Take these out of revenue and what's left is your gross margin.

Wire and materials
Fixtures and devices
Field labor
Permits and inspections
Lift and equipment rental
Subcontractors

Free · 30 minutes

Book your profit call

Thirty minutes on how the business runs. You'll leave knowing what your books need and what it costs.

On the call, we'll cover:

How the business runs today: trucks, crews, software
What your numbers are telling you, and what they aren't
Which plan fits, with the price before you decide

Rather talk now? Call 623-299-7142

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The problem

You're floating the builder and the supply house.

Service calls, panel upgrades, EV chargers and new-construction rough-ins earn different margins and pay on different schedules. In one pile, they hide which work keeps the lights on.

Builders who pay late and hold retainage
New-construction work often pays 30 to 60 days out, with a share held back until the project closes. That's money you earned and can't spend.
Material prices that move after the bid
When copper and gear go up between the bid and the install, the margin disappears and nobody notices until the job is done.
Licensed labor as the biggest cost
Journeyman and apprentice hours drive most of the job cost, so when a crew runs long, it comes out of your pay.

Electrician labeling a breaker panel in a garage — Electrical

The big questions

When does retainage come in?
Did copper eat that bid?
Service or new construction?
Can I afford a journeyman?
Why no cash in a busy year?

Coaching

Your next bid starts with last month's numbers.

Your specialist compares what you bid with what the work cost in wire, gear and crew hours. The gaps become your homework.

Pricing: Bids and service rates checked against current material prices.
Labor: Journeyman and apprentice hours coded to the work, against what each crew brings in.
Materials: Wire, devices and gear tracked against the estimate.
Marketing: Which builders, service calls and EV leads pay off, and what each one costs to win.
Overhead: Trucks, licensing and insurance, compared with other electrical contractors.

Software we work in: ServiceTitan · Housecall Pro · Jobber · QuickBooks Online · ADP

Numbers to watch

Electrical

Gross margin by work type: Upgrades, service and construction rarely earn the same.
Retainage receivable: Billed and earned, but not in the bank.
Material cost against the estimate: Catches bids that no longer cover current prices.
Revenue per licensed electrician: Shows when the next hire pays for itself.

How it starts

3 steps to more profit per truck.

30 minutes · Free
Book a profit call
Tell us how the business runs and what you want to know. You'll leave knowing what your books need and what it costs.
About 2 weeks
We clean up and connect
We catch up your books and connect your bank, payroll, field software and marketing numbers. Your six-week course starts in your inbox.
Ongoing
Get your coaching
Your specialist walks you through the numbers and tells you what to change. Your first action plan lands inside 30 days.