Electrical Lords // Forecasting Like Tim Bailey

25/08/2025 30 min

Listen "Electrical Lords // Forecasting Like Tim Bailey "

Episode Synopsis

If you grew up watching Tim Bailey forecasting the weather then count yourself very lucky. Today we talk about forecasting your business with (hopefully) the same amount of enthusiasm as the demigod Tim. While no forecast can be 100% correct, it’s incredibly important to reference where the current workload sits, where it needs to be, where the workload needs to expand and diversify to, how the staff are travelling, if you need to hire, if so what hire do you need (ie admin, apprentice, tradie), how your current service is, and so on and so on. So get your whiteboard, iPad, blackboard or magna doodle out coz it’s time to predict the future.Enjoy the pod! xx  Chapters00:00 Introduction to Forecasting for the Year Ahead02:48 Understanding Workload and Hiring Needs06:05 The Importance of Billable Hours and Resource Management08:53 Proactive Communication with Clients11:53 Managing Expectations and Flexibility in Scheduling14:46 The Role of Service Quality in Client Retention18:02 Controlling the Controllables in Business20:56 Conclusion: The Path to Successful Forecasting