Expand Accounts - Construction Accountants Limited ads

Markup does not equal margin. Somewhat common mistake in construction Here’s the difference… If your cost is £1,000 and you add a20% markup, you’ll quote £1,200… But your profit isn’t 20%. It’s 16.7% because £200 profit on £1,200 isn’t 20%. Now scale that across every job you do. Imagine the money lost. Remember this: Markup is what you add on top of cost. Margin is the percentage of profit in your final sale price. If you want • 20% margin, markup 25% • 30% margin, markup 43% • 40% margin, markup 67% Small difference on paper. Massive difference in the bank.

I've seen Group Structures save £100,000s in tax and protected assets I've just uploaded a video breaking down the benefits of them and what they're used for. It's not just for the ultra rich, it can be used for you right now. Take a look and see what you think Link in the description P.S. Make sure you stick around until the end for a nice surprise

ACCOUNTANTS - I am hiring a right hand. We are a small team of 5, with a great culture, that culture is extremely important to me so this is more about that than it is about technical knowledge. Your role will be to run the operations in full, whilst managing a small portfolio of clients yourself. Pay first (I don't need to hide it)... £45,000 - £60,000 candidate dependant. Your main responsibilities will be to: - Manage a small bank of clients A-Z - Manage the team, ensuring quality & efficiency with visibility across others' portfolios, reviewing work & foreseeing & fixing problems before they happen and maintain the culture that we do have. - Develop / train the team, 2 Client Managers, 1 Practice Manager & 1 Bookkeeper. Ensure they are happy in their role & professional development. - Ability to map out client goals in to simple steps for them to follow and for me to help with, preparing management accounts for my Finance Director meetings. - Always be improving our systems & processes. This role is to understand the Accountancy side, but to love people management. I don't want a manager who just gives orders, I want someone to inspire the team to do their best work, maintain efficiency and be incredible at spinning many plates. As a business, we are growing quick, but I will never grow at the expense of customer experience so this hire is to do what I do on the operations but much better & to prepare us for the next stage of the business. (We currently have a waiting list of new clients, showing that I will pause if we grow too quick to protect our current clients and staff) I am happy for this to grow into potential equity in the business for the right person. You will need to be commutable to Cannock, West Midlands. If this sounds like something you're interested in learning more about, DM me "Accountant" & I'll send you some more details. (Completely confidential)

"I do £100k a month" "I have 20 staff members" Honestly, no one gives a flying .... ---------- How much PROFIT do you make? How many HOURS do you work? How STRESSED are you? How do your staff FEEL? How are your personal RELATIONSHIPS? How HEALTHY are you? How much is your business WORTH? Growing turnover & staff headcount is EASY. Building a business that's attractive to investors, whilst maintaining good health, and solid relationships... ... THAT'S IMPRESSIVE I make more profit than many firms doing 2/3x revenue Whilst: •Gym 3x per week •Kickboxing 2x per week •Great relationships •Less staff •Less hours needed •Good pipeline And I do so because I make every decision based off my finances & KPI’s I don’t say it to brag, but to stress how important it is to use your finances to direct your business It’s that simple.

You want to be rich? Do you know the path to get there? What does rich mean to you? How much £? How much £ in assets? What assets? If you don't ask yourself these questions how will you ever know the path? If you don't know the path, how will you walk it? You need to be thinking in decades ideally. And thinking about the end goal in every single one of your decisions. Most people's investment strategy in Construction is property and bolt-on businesses You know, a Brickwork/Roofing company buying/starting a Scaffolding company as well as some property to renovate. Solid in theory But the structure that allows you to build that quicker with less tax and more protection? Is a Group Structure. Many benefits and some downsides, so get proper advice to put a plan together for you. And if you want advice from me, drop me a message saying "Group" and I'll pick it up with you in the DM's.

Want to make more money? In business, that translates to "I need more PROFIT" So here's how you approach making more profit. By increasing your Gross Profit Margin. Quick visual to help (I'm a visual learner) Gross Margin is your Revenue minus your Direct Costs Here's most of the ways to increase your GP % You see, knowing your numbers isn't the whole conversation. It gives you an conversation opener into the rest of your business. What's working What's not What to immediately work on What to get the ball rolling on Then action. I do this 2x per month (with a business coach to run ideas past who has a lot of experience doing what I'm doing) Set yourself up for success, and you will likely succeed. Mad right?