Shawn Van Dyke: Profit First for Contractors

Show Summary

From the outside, contractors look like pretty hard-nosed individuals. In reality, they are lovable and soft on the inside and have the goal of wanting to make people smile. It’s a compliment, but it is one of the biggest business problems. They get so much satisfaction out of pleasing people, which often means undercutting themselves and not getting paid enough for what they do.

Pricing is a challenge across all industries, and even hard-nosed contractors are faced with it.

Shawn Van Dyke shares that the first thing he would tell his clients or the contractors to increase profitability is to raise their prices. If you’re not making money in a business, then you are running a charity.

He also addresses how seasonality affects him as a contractor and how a CPA or a bookkeeper helps the contractors earn money. Shawn also compares the difference between good tax advice and good business advice.

 

Website:

https://shawnvandyke.com/

Instagram:

https://www.instagram.com/shawnvandyke/

Corporate Partner:

2356 232