We’re in the eye of a health and economic crisis like never before. Who knows when it’s going to end? What will your customers think of you and your trade business when it’s over? More importantly, what’s your plan to get through all this? You could be losing money and not even know it.

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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 the formula to understand the break-even point in your trade businesses — the magic number that’ll tell you you’re not going backwards.

What is your break-even number?

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.

Andy & Angela Smith


We’re Andy and Angela Smith, owners of Dr. DRiP Plumbing, co-founders of Lifestyle Tradie and authors of Start Up, Scale Up, Sell Up. Since 2009, we’ve been teaching tradies in business how to start up, scale up and sell up using a proven step-by-step formula we created after hitting rock bottom in business ourselves. We climbed out the hard way, learning our biggest lessons through expensive trial and error.

Think back to why you became a trade business owner in the first place. Is it working out the way you thought it would? Most tradies have aspirations to be their own boss one day. Here’s the thing: TAFE only taught you the rules and regulations. Your first boss only taught you how to swing a hammer. You’ve never been taught how to become a business owner, have you? That’s where our online training can help.

Our lives were in complete chaos. Now, Andy is completely off the tools. He chooses to spend about one-hour on Dr. DRiP each week. Want to get your life back, too?

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