Reward yourself, Sparky! Get an app that tells you your average job length, your effective billing rate, plus invoices clients. Plus has project proposals. Plus has timesheets for every employee.
Don’t let this shock you, but if you’re running an electrical contracting business, you need this information. This is how you trim costs and keep rates competitive. It’s not by watching all the other contractors in the biz; it’s by watching your own biz. How much are jobs costing you? How much are you bringing in? What effective billing rate are you making? What percentage are your electricians utilized, verses being paid?
Watch the video below, and decide if this is something your electrical contracting company can use. Then download the timesheet here.