Are you working all the time, but it doesn't seem like you can get ahead or just enough money to pay the bills but not any leftover to pay yourself? You are not alone; countless business owners struggle and don't know why. They work really hard, but it just isn't paying off. Stephen has been where you've been, but he made the leap from surviving to thriving, and you can too! In this episode, Stephen gives you the nuts and bolts of figuring out what's my break-even cost, how much should I charge?  Three different business costs categories Fixed costs (examples) Owner's salary, rent/mortgage, utilities, debt payments, advertising, marketing, administrative payroll, taxes, insurance, office supplies, business education, trade organization feesVariable costs (examples) Vehicle repairs/maintenance, fuel, tires, registration, consumables- grinding disks, welding gas, saw bladesDirect costs (examples)Materials, supplies, labor, equipment rental, dumpster rental, subcontractors, freight2 types of hoursBillable hours- hours billable to a jobNonbillable hours- billed to overheadExample*Fixed costs + variable costs = $15,000 per month overhead3 Feild employees work 40 hours per week 3x40= 120 x 4 weeks= 480 + owner's hours 120 per month= 600$15,000 overhead ÷ 600 total billable hours = $25 per hour3 Field employees paid $15 per hour x 480 hours per month = $7200Overhead $15,000+$7,200 field employees=$22,200 ÷ 600= $37 per hour break even*This is only an example your's could be more or less#3 Where do I start? Start HereRabbi Daniel Lapin1 Timothy 5:18“You shall not muzzle the ox while it is treading out the grain [to keep it from eating],” and, “The worker is worthy of his wages [he deserves fair compensation].” Subscribe, share, rate, and review!!Follow us on Facebook Stephen's email [email protected] with Stephen 1 on 1Stephen's website: https://www.stephencapps.com/Pull Up And Thrive storeServant Warrior T-ShirtInstagram: https://www.instagram.com/_stephencapps/Stephen's Youtube channelStephen's LinkedinStephen on TikTokTX Gates' website www.tgates.comHandyman website www.calltxgates.com

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