Part 1 Understanding Your True Costs & Break-Even Analysis
Introduction: This is Part 1 of our 5-part series on pricing strategies for painting and handyman businesses. This series builds on our Part 1: Understanding Your True Costs & Break-Even Analysis You've built a professional business with proper tools, legal structure, insurance, and accounting systems. But there's one question that keeps every contractor up at night: "Am I charging enough?" Most contractors price their services based on gut feeling, what competitors charge, or what they think clients will pay. The problem? None of these methods account for your actual costs. You might be busy, working hard, and still losing money without realizing it. In this first part of our pricing series, we'll dive deeply into understanding your true costs—not just materials and labour but every single expense that keeps your business running. Once you know these numbers, you'll discover your break-even point and can price strategically for actual profit, not just r...