Profit Pal App and the next Recession
Recessions come about around every ten years or so. In a recession, it’s important to make the most you can. And the next one is no exception, it will be important for you to have an app like the Profit Pal App. What you may not know is this, the Profit Pal App was created to help Tradesmen & Women in small businesses by helping them to earn more on the work they are already doing. It’s important in these tough economic times to accountant for and gets paid for everything that goes into a job.
Many economists out there are saying that another recession is around the corner for many different reasons, of which I will not get into here. Understanding that the creator of the Profit Pal App wanted to create something that would help tradespeople out there to be more competitive, while still achieving their income goals. As this will be imperative in tough economic times ahead.
How Profit Pal does this is a secret, but the creator of the app knows this. I will let you in on part of it, to start with, the app has calculations built in which all but guarantee you’ll get it right. In the New Jobs Screen, the user enters.
Now having said that, this does not mean that you should pad the bill, but that you need this information, it’s very important since you need a target to shoot for.
How about padding the bill. You need to be cognizant that if you do pad the bill too high you may not be competitive with other tradesmen & women in your same area. This may make it more difficult for you to get the job if you are bidding on the work.
Having said that, the app helps you to understand all of your real cost for that particular job so that you don’t underbid the job and end up with a loss.
It’s important to account for all of the numbers, and the app will help you do that. If you look at the fields as a guide and fill in the most accurate numbers that you think it will take to do the job.
If you decide that you can actually do the job for less, then you just adjust your numbers down a little, and now you are more competitive while still taking into account all of the issues for that particular job.
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