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Profit Solver will show any company how to competitively calculate and adjust their fees based on actual costs, where they know the exact profit in every fee, and based on the frequency of the service, will show how one service offsets the other to create and form profit. Businesses can immediately focus in and identify competitive losses, where they are offsetting those losses and where they are not .
Consultation time varies: It will depend on: the number of employees; the amount of equipment and inventory you have; whether you are looking for a billable labor rates or setting fees; and whether we have a module set up.
Profit Solver provides business owners with customized solutions and is a powerful planning tool, which focuses on the businesses intelligence needed to create and maintain long-term profitability. Profit Solver should be the first step any accounting program. Any business owner can easy see the following:
• How one fee offsets the other to create and form profit
• Know the exact breakeven or profit in every fee charged
• Know what fees to charge based on their cost structure
• Know how to remain competitive by offsetting “loss-leaders”
• Input different desired profits and know what to charge
• Input different employees’ salaries and know what to charge
• Input different employee production hours and know what to charge
• Input a different overhead level and know what to charge
• Lower business overhead
Implementation of the Profit Solver software and system allows the business owner to perceive his or her predetermined path to profitability. The business can then focus on the following areas:
Understand the correlation between their labor, productivity and profit
Understand the dynamics and correlation between their labor, equipment and inventory costs and what they charge
The overall direction of sales and research efforts
Define what they need to charge in order to break even
Find out how to be competitive for certain services
Use it as a tool for budgeting and forecasting with real numbers
Define where they need to improve – is it labor, inventory or equipment-related?
Monitor their employees productivity, is their time making you profit?
Set productivity goals for their staff
Get better understanding from their staff that their time and salary is directly related to what you charge, build teams!
See what they need to charge to offset salary increases, bonuses, benefits and projected Salaries
Review their suppliers’ prices – are they in line with their labor and equipment costs with what they need to charge?
Find out how their prices for inventory can be still be competitive against inventory bought on the internet
Understand how overhead increases can be incorporated by setting the desired profit
Understand what they can do to lower their overhead
Find out what to charge to be able to replace or buy new equipment
Profit Solver applies to all these industries and more
Accounting Acetylene (Welding) Acupuncturists
Adjustors Advertising Agencies Air conditioning
Alarm systems Appliance Repair Appraisers
Architects Attorneys Bathroom Remodeling
Beauty Salons Bicycle Repair Cabinet Makers/Installers
Carpet installers Car Repair Carpet cleaners
Concrete Layers Cleaning Services Computer Repair
Consultants Construction Consultants
Contractors Deck Building/cleaning Dental
Dry wall contractors Electric Engineers
Fencing Financial Services Flooring
Foundation Contractors Garage Door Install Graphic Design
Grouting Services Gutter Services Handy man
Heating Home builders Interior Designers
Irrigation Key/ Lock Smith Landscaping
Lawn Maintenance Massage Therapy Mechanical Engineer
Mold Inspection/Cleaning Movers Nail Salons
Packing Service Painting Paving
Pest Removal Photographers Piping
Plating Plumbing Pool Workers
Psychologists Pumping Contractors Remodeling
Road Builders Roofing Sewer Cleaning/contracting
Sprinklers Siding Sod and Mulch Layers
Termites Tailors Tattooing
Veterinarians Tile and Grouting Tree Removal
Window installer/tenting Wallpaper Welding