From the Desk Of
Stephanie M. Roberts, CPA
Liberty Hill, TX
Dear Electrician,
Would you agree with me if I said that the business landscape has changed the past few years? Electricians like you feel it too.
Inflation has caused havoc on material costs and prices for many items are fluctuating. Lead times are still an issue for job completion.
Job costing feels like a shot in the dark, and it also makes it very hard to know how much profit you’re really making on each project.
You may have several projects going, but it can be very difficult to track each project to see how much you’ve spent and where you’re at in your budget.
Even with inflation and election season, the electrial industry continues to go on strong…
Did you know that 60% of all US Trade Contractor activity (this includes electricians) is concentrated in just 10 states? Texas is one of them. In fact, 20% of projects take place in just 5 major cities. Again Austin is #5 on that list and Georgetown is the fastest growing city for its size.
What does that mean for you?
It could mean that you’re working in an area where there’s a lot less work to go around.
Or it could mean you’re competing fiercely in a very busy market.
Either way, you need to be taking advantage of every strategic advantage you can to maximize your profits in this market.
That's why I decided to write this book...