Break-Even Analysis For Tradies

To be profitable in business, it’s important to know what your break-even point is. You could be losing money and not even know it. Did you know, a business could be turning over a lot of money, but still be making a loss? Knowing the break-even point in your trade business is helpful in setting targets for your team of tradies.

Developed by Andy and Angela Smith, owners of Dr. DRiP Plumbing and co-founders of Lifestyle Tradie, this Break-Even Analysis Guide For Tradies provides you with the formula to understand the break-even point in your trade business — that magic number that’ll tell you whether you’re making a profit or going backwards.

What’s your break-even point?

Break-Even Analysis Guide For Tradies

Inside this guide, you’ll get done-for-you tools, including a break-even cheat sheet to establish monthly, weekly and daily targets — which is exactly what you need to do right now.

KPI Tracking Template

Get this KPI tracking template, which we use in our own trade business, Dr. DRiP Plumbing, to track our tradies and set daily and weekly targets based on our break-even point.

Break-Even & Targets Template

Get this break-even and targets template, formatted specifically for tradies in business to plug-in their own numbers for details on break-even to help you make informed decisions. 

Explanation: Break-Even & Targets Template

In this explainer, Angela talks you through how to use the break-even and targets template, step by step. You’ll see where to input your trade business data, cell by cell.

Do you want to learn exactly HOW to use break-even to set targets for your team of tradies and apply it in your trade business? Andy and Angela take an in-depth look here.

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