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Post Info TOPIC: What % of your annual income is "COSTS" ?? EDITED:


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What % of your annual income is "COSTS" ?? EDITED:
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Last year mine was about 23% the year before around 30%

Just wondering how that compares to others here?

That's all costs, except labor. Some have 5 employees and some are owner / operator.



-- Edited by Bergman Roof Cleaning Port Charlotte FL 941-698-1959 on Wednesday 24th of October 2012 05:11:23 PM

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Serving Englewood Rotonda North Port Cape Haze Venice Port Charlotte Punta Gorda Boca Grande Charlotte and Southern Sarasota Counties in Florida.

941-698-1959
www.bergmanroofcleaning.com

 http://www.youtube.com/watch?v=4RNlN3R7CqI



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RE: What % of your annual income is "COSTS" ??
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by what do you determine "costs"?
-chems
-labor cost
-gas/equipment devaluation/replacement (incl. truck)
-overhead/marketing
-etc...

most people leave out a LOT of minute details that attribute to overhead and wonder why their business models and numbers don't equate.

good thread start Chuck!

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Maverick Contracting

Long Island, N.Y.



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I wish I had time or the motivation to do stuff like that. I know it helps to see it on paper.

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Ed Thompson
Woodbridge N.J.

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Tentatively I'll say 60-65%

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Ray Burke
Spray Wash Exterior Cleaning
850.528.3226
visit our website
Soft Washing and Pressure Washing
Licensed & Insured
Serving Tallahassee, FL, The Big Bend
and SW Georgia
http://www.spray-wash.com
 


Premium Member Roof Cleaning Institute of America Certified Roof Cleaning Specialist

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Maverick Contracting wrote:

by what do you determine "costs"?
-chems
-labor cost
-gas/equipment devaluation/replacement (incl. truck)
-overhead/marketing
-etc...

most people leave out a LOT of minute details that attribute to overhead and wonder why their business models and numbers don't equate.

good thread start Chuck!


 I should have been clearer. Everything we all have for costs. I guess that's all but labor?



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Serving Englewood Rotonda North Port Cape Haze Venice Port Charlotte Punta Gorda Boca Grande Charlotte and Southern Sarasota Counties in Florida.

941-698-1959
www.bergmanroofcleaning.com

 http://www.youtube.com/watch?v=4RNlN3R7CqI



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RE: What % of your annual income is "COSTS" ?? EDITED:
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Roof Cleaning New Jersey wrote:

I wish I had time or the motivation to do stuff like that. I know it helps to see it on paper.


 Ed, Mint.com 



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"What's on your Roof?"

1-(855) WASHME2

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My figure includes labor.

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Ray Burke
Spray Wash Exterior Cleaning
850.528.3226
visit our website
Soft Washing and Pressure Washing
Licensed & Insured
Serving Tallahassee, FL, The Big Bend
and SW Georgia
http://www.spray-wash.com
 


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One's CPA, Book keeper, QuickBooks program etc, should be able to provide this information instantly.  Another way to look at it is "operating profit", but in a percentage format, vs a dollar amount.  Then again, there are many variants of OP, including EBITDA, EBT and so on.

Great post Chuck, as cost management (fiscal responsibility in my prior profession) plays a huge role in how  financially successful our businesses are.

I wish I could share but I can't, not publically.  Too many copy cats following our EVERY move here in my market.  



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(404) 858-4888 Atlanta GA


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Roof Cleaning Northern Virginia (571) 250 9650 wrote:

 

One's CPA, Book keeper, QuickBooks program etc, should be able to provide this information instantly.  Another way to look at it is "operating profit", but in a percentage format, vs a dollar amount.  Then again, there are many variants of OP, including EBITDA, EBT and so on.

Great post Chuck, as cost management (fiscal responsibility in my prior profession) plays a huge role in how  financially successful our businesses are.

I wish I could share but I can't, not publically.  Too many copy cats following our EVERY move here in my market.  


 I suck, at bookkeeping, I need to get better. Its my vow for next year.  But I did want to say Ted, the hats you recommended a while back, are the bomb. I love em. 



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Dan Cronauer

"What's on your Roof?"

1-(855) WASHME2

ROOF CLEANING PENNSYLVANIA

Google Maps

282 Hemlock Terrace Mountain Top, PA 18707

 



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Apex Roof Cleaning wrote:
Roof Cleaning Northern Virginia (571) 250 9650 wrote:

 

One's CPA, Book keeper, QuickBooks program etc, should be able to provide this information instantly.  Another way to look at it is "operating profit", but in a percentage format, vs a dollar amount.  Then again, there are many variants of OP, including EBITDA, EBT and so on.

Great post Chuck, as cost management (fiscal responsibility in my prior profession) plays a huge role in how  financially successful our businesses are.

I wish I could share but I can't, not publically.  Too many copy cats following our EVERY move here in my market.  


 I suck, at bookkeeping, I need to get better. Its my vow for next year.  But I did want to say Ted, the hats you recommended a while back, are the bomb. I love em. 


 Glad to hear it Dan! I really like 'em too; wearing one now!  Now, consider hiring a dedicated book keeper, taking that responsibility off of you so you can focus on business.  My book keeper is also my CPA, AND they do payroll for me.  Very reasonable in the grand scheme of things IMHO.



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American-ProTech 
Proudly serving Northern Virginia, DC, Maryland and Atlanta
 (571) 250-9650 VA
 (240) 398-3800 MD
(404) 858-4888 Atlanta GA


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Our costs to operate with labor is around 45%

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DiamondRoofCleaning_HEADER-part-2_edited-1.jpg

Diamond Roof Cleaning

320 e collings dr

Williamstown NJ 08094

Mike Derose-Owner

609-929-5812

MJ


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We shoot for field operating costs at 35% or less, so if I bill 1k that day, we need direct cots that day to be 350.00 in payroll, gas, supplies for job service. Does not include rent, phones, insurance, and any other expense.





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Roof to Curb Cleaning Pro's

1506 Magnolia Dr.

Cincinnati, OH 45215

513.542.PROS (7767)

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